12, BRANCASTER CLOSE, DRAYTON, NORWICH, NR8 6GX - £137,500

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.

12 BRANCASTER CLOSE is a very small terraced house of 58m², built sometime between 1996 and 2002, which could now be worth an estimated £238,970. It was last sold for £137,500 in January 2012, which was around 6% above the average January 2012 terraced price in the Broadland local authority area. The most recent EPC inspection was November 2011, where the current energy rating was C, and the potential energy rating was C.

12 BRANCASTER CLOSE Sold Prices

Land registry data shows five sales for 12 BRANCASTER CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Broadland local authority area for the corresponding sale date. All of the five 12 BRANCASTER CLOSE 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
2012 20 JAN	£137,500	£130,198	6% above HPI
2007 5 DEC	£156,000	£142,442	10% above HPI
2005 31 MAY	£127,000	£120,842	5% above HPI
2003 26 AUG	£110,000	£101,175	9% above HPI
2000 25 FEB	£63,250	£52,596	20% above HPI

12 BRANCASTER CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Broadland local authority area over time, sourced from the HPI. The five 12 BRANCASTER CLOSE sales between February 2000 and January 2012 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 December 2007 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the January 2012 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 12 BRANCASTER CLOSE be worth now?

12 BRANCASTER CLOSE might now be worth an estimated £238,970.

This is based on house price inflation of 73.8%, between January 2012 and May 2026, for terraced 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 73.8% inflationary increase is applied to the most recent sale price for 12 BRANCASTER CLOSE of £137,500 on 20th January 2012. For the value to have increased from £137,500 to £238,970 over the thirteen years and eight months to May 2026, the following assumptions must hold true:

• The value of 12 BRANCASTER CLOSE has moved in line with the HPI for terraced houses in the Broadland local authority area.
• The January 2012 sale price of £137,500 represented a fair market value for the property.
• The size, condition, and specification of 12 BRANCASTER CLOSE has not materially changed since January 2012.

How Large is 12 BRANCASTER CLOSE?

12 BRANCASTER CLOSE is 58m² according to the EPC inspection conducted in November 2011. This puts it in the smallest 10% of terraced houses houses in Thorpe Marriot, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Thorpe Marriot, and where 12 BRANCASTER CLOSE lies on this distribution: 2% of terraced houses houses are smaller than 12 BRANCASTER CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Thorpe Marriot.

12 BRANCASTER CLOSE: Plot and Title Map

12 BRANCASTER CLOSE sits on a plot of roughly 0.042 of an acre, or 170m². The below map shows the location of 12 BRANCASTER 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 12 BRANCASTER 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 12 BRANCASTER CLOSE?

12 BRANCASTER CLOSE is located in DRAYTON, in the NR8 postcode district. The below map shows the position of No. 12 on BRANCASTER CLOSE.