29, BRANCASTER CLOSE, DRAYTON, NORWICH, NR8 6GX - £141,500

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.

29 BRANCASTER CLOSE is a very small terraced house of 57m², built sometime between 1991 and 1995, which could now be worth an estimated £223,780. It was last sold for £141,500 in May 2007, which was around 1% below the average May 2007 terraced price in the Broadland local authority area. The most recent EPC inspection was May 2015, where the current energy rating was C, and the potential energy rating was B.

29 BRANCASTER CLOSE Sold Prices

Land registry data shows five sales for 29 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. The five 29 BRANCASTER CLOSE sales were a mix of below the average price, roughly equal to the average price, and 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
2007 15 MAY	£141,500	£143,080	1% below HPI
2006 28 MAR	£125,500	£125,096	Close to HPI
2005 8 APR	£121,000	£121,867	1% below HPI
2001 7 DEC	£77,000	£71,334	8% above HPI
1999 26 NOV	£56,250	£48,767	15% above HPI

29 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 29 BRANCASTER CLOSE sales between November 1999 and May 2007 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 March 2006 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the May 2007 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 29 BRANCASTER CLOSE be worth now?

29 BRANCASTER CLOSE might now be worth an estimated £223,780.

This is based on house price inflation of 58.1%, between May 2007 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 58.1% inflationary increase is applied to the most recent sale price for 29 BRANCASTER CLOSE of £141,500 on 15th May 2007. For the value to have increased from £141,500 to £223,780 over the nineteen years to May 2026, the following assumptions must hold true:

• The value of 29 BRANCASTER CLOSE has moved in line with the HPI for terraced houses in the Broadland local authority area.
• The May 2007 sale price of £141,500 represented a fair market value for the property.
• The size, condition, and specification of 29 BRANCASTER CLOSE has not materially changed since May 2007.

How Large is 29 BRANCASTER CLOSE?

29 BRANCASTER CLOSE is 57m² according to the EPC inspection conducted in May 2015. 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 29 BRANCASTER CLOSE lies on this distribution: 2% of terraced houses houses are smaller than 29 BRANCASTER CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Thorpe Marriot.

29 BRANCASTER CLOSE: Plot and Title Map

29 BRANCASTER CLOSE sits on a plot of roughly 0.028 of an acre, or 114m². The below map shows the location of 29 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 29 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 29 BRANCASTER CLOSE?

29 BRANCASTER CLOSE is located in DRAYTON, in the NR8 postcode district. The below map shows the position of No. 29 on BRANCASTER CLOSE.