7, FRESHWATER WAY, DRAYTON, NORWICH, NR8 6BY - £350,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

7 FRESHWATER WAY is a very large detached house of 144m², built sometime between 1996 and 2002. It was last sold for £350,000 in October 2021, which was around 9% below the average October 2021 detached price in the Broadland local authority area. The most recent EPC inspection was April 2013, where the current energy rating was C, and the potential energy rating was B.

7 FRESHWATER WAY Sold Prices

Land registry data shows four sales for 7 FRESHWATER WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. All of the four 7 FRESHWATER 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
2021 11 OCT	£350,000	£384,570	9% below HPI
2017 2 MAR	£270,000	£319,967	16% below HPI
1999 1 APR	£72,750	£86,065	15% below HPI
1996 5 JUL	£67,995	£71,943	5% below HPI

7 FRESHWATER WAY 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 four 7 FRESHWATER WAY sales between July 1996 and October 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 March 2017 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the October 2021 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 7 FRESHWATER WAY?

7 FRESHWATER WAY is 144m² according to the EPC inspection conducted in April 2013. This puts it in the largest 20% of detached houses in Thorpe Marriot, based on EPC data. The below chart shows the distribution of detached houses by size in Thorpe Marriot, and where 7 FRESHWATER WAY lies on this distribution: 88% of detached houses are smaller than 7 FRESHWATER WAY, and 12% of houses are larger. Note that EPC data is not available for all properties in Thorpe Marriot.

7 FRESHWATER WAY: Plot and Title Map

7 FRESHWATER WAY sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of 7 FRESHWATER 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 7 FRESHWATER 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 7 FRESHWATER WAY?

7 FRESHWATER WAY is located in DRAYTON, in the NR8 postcode district. The below map shows the position of No. 7 on FRESHWATER WAY.