71, SCHOOL ROAD, DRAYTON, NORWICH, NR8 6EQ - £410,000

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

71 SCHOOL ROAD is a small extended detached house of 95m², built sometime between 1967 and 1975. It was last sold for £410,000 in February 2023, which was around 3% below the average February 2023 detached price in the Broadland local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was B.

71 SCHOOL ROAD Sold Prices

Land registry data shows two sales for 71 SCHOOL 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 71 SCHOOL 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
2023 28 FEB	£410,000	£421,605	3% below HPI
2013 10 MAY	£170,000	£243,258	30% below HPI

71 SCHOOL 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 71 SCHOOL ROAD sales from May 2013 and February 2023 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 May 2013 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the February 2023 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 71 SCHOOL ROAD?

71 SCHOOL ROAD is 95m², which includes two extensions, according to the EPC inspection conducted in October 2022. This puts it in the smallest 30% of detached houses in Drayton, based on EPC data. The below chart shows the distribution of detached houses by size in Drayton, and where 71 SCHOOL ROAD lies on this distribution: 23% of detached houses are smaller than 71 SCHOOL ROAD, and 77% of houses are larger. Note that EPC data is not available for all properties in Drayton.

71 SCHOOL ROAD: Plot and Title Map

71 SCHOOL ROAD sits on a plot of roughly 0.159 of an acre, or 642m². The below map shows the location of 71 SCHOOL 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 71 SCHOOL 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 71 SCHOOL ROAD?

71 SCHOOL ROAD is located in DRAYTON, in the NR8 postcode district. The below map shows the position of No. 71 on SCHOOL ROAD.