6, DRAPER WAY, NORWICH, NR5 9NA - £177,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

6 DRAPER WAY is a very small semi-detached house of 69m², built sometime between 1983 and 1990, which could now be worth an estimated £282,621. It was last sold for £177,500 in May 2014, which was around 3% below the average May 2014 semi-detached price in the Norwich local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was B.

6 DRAPER WAY Sold Prices

Land registry data shows four sales for 6 DRAPER WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Norwich local authority area for the corresponding sale date. All of the four 6 DRAPER WAY sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2014 16 MAY	£177,500	£183,522	3% below HPI
2005 29 APR	£134,000	£143,703	7% below HPI
1995 15 DEC	£39,950	£44,193	10% below HPI
1995 10 AUG	£46,000	£46,620	1% below HPI

6 DRAPER WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Norwich local authority area over time, sourced from the HPI. The four 6 DRAPER WAY sales between August 1995 and May 2014 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the April 2005 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the May 2014 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 6 DRAPER WAY be worth now?

6 DRAPER WAY might now be worth an estimated £282,621.

This is based on house price inflation of 59.2%, between May 2014 and February 2025, for semi-detached houses, in the Norwich local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 59.2% inflationary increase is applied to the most recent sale price for 6 DRAPER WAY of £177,500 on 16th May 2014. For the value to have increased from £177,500 to £282,621 over the eleven years and three months to February 2025, the following assumptions must hold true:

• The value of 6 DRAPER WAY has moved in line with the HPI for semi-detached houses in the Norwich local authority area.
• The May 2014 sale price of £177,500 represented a fair market value for the property.
• The size, condition, and specification of 6 DRAPER WAY has not materially changed since May 2014.

How Large is 6 DRAPER WAY?

6 DRAPER WAY is 69m² according to the EPC inspection conducted in July 2013. This puts it in the smallest 10% of semi-detached houses houses in Norwich, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Norwich, and where 6 DRAPER WAY lies on this distribution: 8% of semi-detached houses houses are smaller than 6 DRAPER WAY, and 91% of houses are larger. Note that EPC data is not available for all properties in Norwich.

6 DRAPER WAY: Plot and Title Map

6 DRAPER WAY sits on a plot of roughly 0.064 of an acre, or 257m². The below map shows the location of 6 DRAPER WAY, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 6 DRAPER WAY). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 6 DRAPER WAY?

6 DRAPER WAY is located in NORWICH, in the NR5 postcode district. The below map shows the position of No. 6 on DRAPER WAY.