FIR TREE HOUSE, COSTESSEY LANE, DRAYTON, NORWICH, NR8 6HA - £415,000

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

FIR TREE HOUSE is a very large extended detached house of 242m², built sometime before 1900. It was last sold for £415,000 in November 2003, which was around 113% above the average November 2003 detached price in the Broadland local authority area. The most recent EPC inspection was January 2009, where the current energy rating was E, and the potential energy rating was E.

FIR TREE HOUSE Sold Prices

Land registry data shows two sales for FIR TREE HOUSE 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 FIR TREE HOUSE sales were for above 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
2003 25 NOV	£415,000	£194,990	113% above HPI
1996 24 MAY	£180,000	£71,305	152% above HPI

FIR TREE HOUSE 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 FIR TREE HOUSE sales from May 1996 and November 2003 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 1996 sale was for 152% above the HPI. So the extrapolation line tracks at 152% above the HPI over time, until the November 2003 sale, where it falls to 113% above the HPI. The line then continues to track at 113% above the HPI.

How Large is FIR TREE HOUSE?

FIR TREE HOUSE is 242m², which includes two extensions, according to the EPC inspection conducted in January 2009. This puts it in the largest 10% of detached houses in Drayton, based on EPC data. The below chart shows the distribution of detached houses by size in Drayton, and where FIR TREE HOUSE lies on this distribution: 98% of detached houses are smaller than FIR TREE HOUSE, and 2% of houses are larger. Note that EPC data is not available for all properties in Drayton.

FIR TREE HOUSE: Plot and Title Map

FIR TREE HOUSE sits on a plot of roughly 0.532 of an acre, or 2,155m². The below map shows the location of FIR TREE HOUSE, 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 FIR TREE HOUSE). 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 FIR TREE HOUSE?

FIR TREE HOUSE is located on COSTESSEY LANE in DRAYTON, in the NR8 postcode district. The below map shows the position of FIR TREE HOUSE on COSTESSEY LANE.