9, SHERIDAN CLOSE, DRAYTON, NORWICH, NR8 6RW - £212,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

9 SHERIDAN CLOSE is a very small detached house of 87m², built sometime between 1967 and 1975, which could now be worth an estimated £365,004. It was last sold for £212,500 in December 2006, which was around 14% below the average December 2006 detached price in the Broadland local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was B.

9 SHERIDAN CLOSE Sold Prices

Land registry data shows two sales for 9 SHERIDAN CLOSE 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 9 SHERIDAN CLOSE 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
2006 6 DEC	£212,500	£246,582	14% below HPI
2000 5 MAY	£94,000	£105,120	11% below HPI

9 SHERIDAN CLOSE 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 9 SHERIDAN CLOSE sales from May 2000 and December 2006 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 2000 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the December 2006 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 9 SHERIDAN CLOSE be worth now?

9 SHERIDAN CLOSE might now be worth an estimated £365,004.

This is based on house price inflation of 71.8%, between December 2006 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 71.8% inflationary increase is applied to the most recent sale price for 9 SHERIDAN CLOSE of £212,500 on 6th December 2006. For the value to have increased from £212,500 to £365,004 over the nineteen years and ten months to February 2025, the following assumptions must hold true:

• The value of 9 SHERIDAN CLOSE has moved in line with the HPI for detached houses in the Broadland local authority area.
• The December 2006 sale price of £212,500 represented a fair market value for the property.
• The size, condition, and specification of 9 SHERIDAN CLOSE has not materially changed since December 2006.

How Large is 9 SHERIDAN CLOSE?

9 SHERIDAN CLOSE is 87m² according to the EPC inspection conducted in October 2018. This puts it in the smallest 20% of detached houses houses in Drayton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Drayton, and where 9 SHERIDAN CLOSE lies on this distribution: 15% of detached houses houses are smaller than 9 SHERIDAN CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Drayton.

9 SHERIDAN CLOSE: Plot and Title Map

9 SHERIDAN CLOSE sits on a plot of roughly 0.098 of an acre, or 395m². The below map shows the location of 9 SHERIDAN CLOSE, 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 9 SHERIDAN CLOSE). 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 9 SHERIDAN CLOSE?

9 SHERIDAN CLOSE is located in DRAYTON, in the NR8 postcode district. The below map shows the position of No. 9 on SHERIDAN CLOSE.