7, MAGNAY ROAD, DRAYTON, NORWICH, NR8 6BT - £150,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

7 MAGNAY ROAD is a small extended detached house of 106m², built sometime between 1967 and 1975. It was last sold for £150,000 in November 2002, which was around 15% below the average November 2002 detached price in the Broadland local authority area. The most recent EPC inspection was February 2018, where the current energy rating was C, and the potential energy rating was B.

7 MAGNAY ROAD Sold Prices

Land registry data shows two sales for 7 MAGNAY ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. Both of the two 7 MAGNAY ROAD 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
2002 1 NOV	£150,000	£176,112	15% below HPI
1996 18 OCT	£60,000	£73,366	18% below HPI

7 MAGNAY ROAD 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 two 7 MAGNAY ROAD sales from October 1996 and November 2002 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 October 1996 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the November 2002 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 7 MAGNAY ROAD?

7 MAGNAY ROAD is 106m², which includes two extensions, according to the EPC inspection conducted in February 2018. This puts it in the smallest 40% of detached houses in Drayton, based on EPC data. The below chart shows the distribution of detached houses by size in Drayton, and where 7 MAGNAY ROAD lies on this distribution: 36% of detached houses are smaller than 7 MAGNAY ROAD, and 64% of houses are larger. Note that EPC data is not available for all properties in Drayton.

7 MAGNAY ROAD: Plot and Title Map

7 MAGNAY ROAD sits on a plot of roughly 0.137 of an acre, or 553m². The below map shows the location of 7 MAGNAY ROAD, 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 MAGNAY ROAD). 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 MAGNAY ROAD?

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