8, ASHGROVE, DRAYTON, NORWICH, NR8 6AY - £172,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

8 ASHGROVE is a very small extended detached house of 74m², built sometime between 1991 and 1995, which could now be worth an estimated £266,701. It was last sold for £172,500 in September 2014, which was around 37% below the average September 2014 detached price in the Broadland local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was C.

8 ASHGROVE Sold Prices

Land registry data shows three sales for 8 ASHGROVE 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 8 ASHGROVE 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 26 SEP	£172,500	£273,946	37% below HPI
2001 29 JUN	£94,950	£130,884	27% below HPI
1997 12 SEP	£54,000	£82,946	35% below HPI

8 ASHGROVE 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 8 ASHGROVE sales between September 1997 and September 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 June 2001 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the September 2014 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 8 ASHGROVE be worth now?

8 ASHGROVE might now be worth an estimated £266,701.

This is based on house price inflation of 54.6%, between September 2014 and February 2025, for detached houses, in the Broadland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 54.6% inflationary increase is applied to the most recent sale price for 8 ASHGROVE of £172,500 on 26th September 2014. For the value to have increased from £172,500 to £266,701 over the eleven years and seven months to February 2025, the following assumptions must hold true:

• The value of 8 ASHGROVE has moved in line with the HPI for detached houses in the Broadland local authority area.
• The September 2014 sale price of £172,500 represented a fair market value for the property.
• The size, condition, and specification of 8 ASHGROVE has not materially changed since September 2014.

How Large is 8 ASHGROVE?

8 ASHGROVE is 74m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the smallest 20% of detached houses houses in Thorpe Marriot, based on EPC data. The below chart shows the distribution of detached houses houses by size in Thorpe Marriot, and where 8 ASHGROVE lies on this distribution: 11% of detached houses houses are smaller than 8 ASHGROVE, and 89% of houses are larger. Note that EPC data is not available for all properties in Thorpe Marriot.

8 ASHGROVE: Plot and Title Map

8 ASHGROVE sits on a plot of roughly 0.045 of an acre, or 181m². The below map shows the location of 8 ASHGROVE, 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 8 ASHGROVE). 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 8 ASHGROVE?

8 ASHGROVE is located in DRAYTON, in the NR8 postcode district. The below map shows the position of No. 8 on ASHGROVE.