6, POND LANE, DRAYTON, NORWICH, NR8 6PP - £415,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

6 POND LANE is a midsized extended detached house of 131m², built sometime between 1950 and 1966. It was last sold for £415,000 in June 2021, which was around 15% above the average June 2021 detached price in the Broadland local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was C.

6 POND LANE Sold Prices

Land registry data shows three sales for 6 POND LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. All of the three 6 POND LANE sales were for above 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
2021 28 JUN	£415,000	£361,326	15% above HPI
2014 29 SEP	£290,000	£271,228	7% above HPI
2003 4 JUL	£199,950	£189,181	6% above HPI

6 POND LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broadland local authority area over time, sourced from the HPI. The three 6 POND LANE sales between July 2003 and June 2021 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 September 2014 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the June 2021 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 6 POND LANE?

6 POND LANE is 131m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the largest 50% of detached houses in Drayton, based on EPC data. The below chart shows the distribution of detached houses by size in Drayton, and where 6 POND LANE lies on this distribution: 55% of detached houses are smaller than 6 POND LANE, and 44% of houses are larger. Note that EPC data is not available for all properties in Drayton.

6 POND LANE: Plot and Title Map

6 POND LANE sits on a plot of roughly 0.163 of an acre, or 661m². The below map shows the location of 6 POND LANE, 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 POND LANE). 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 POND LANE?

6 POND LANE is located in DRAYTON, in the NR8 postcode district. The below map shows the position of No. 6 on POND LANE.