29, LOW ROAD, DRAYTON, NORWICH, NR8 6AA - £275,000

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 LOW ROAD is a midsized extended detached house of 122m², built sometime between 1967 and 1975, which could now be worth an estimated £359,721. It was last sold for £275,000 in April 2017, which was around 15% below the average April 2017 detached price in the Broadland local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.

29 LOW ROAD Sold Prices

Land registry data shows four sales for 29 LOW ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. All of the four 29 LOW ROAD 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
2017 3 APR	£275,000	£324,012	15% below HPI
2003 28 MAR	£149,000	£187,769	21% below HPI
1998 29 JUL	£72,000	£84,684	15% below HPI
1997 27 JUN	£60,000	£76,553	22% below HPI

29 LOW ROAD 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 four 29 LOW ROAD sales between June 1997 and April 2017 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 2003 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the April 2017 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 29 LOW ROAD be worth now?

29 LOW ROAD might now be worth an estimated £359,721.

This is based on house price inflation of 30.8%, between April 2017 and May 2026, 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 30.8% inflationary increase is applied to the most recent sale price for 29 LOW ROAD of £275,000 on 3rd April 2017. For the value to have increased from £275,000 to £359,721 over the eight years and eleven months to May 2026, the following assumptions must hold true:

• The value of 29 LOW ROAD has moved in line with the HPI for detached houses in the Broadland local authority area.
• The April 2017 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 29 LOW ROAD has not materially changed since April 2017.

How Large is 29 LOW ROAD?

29 LOW ROAD is 122m², which includes two extensions, according to the EPC inspection conducted in October 2015. This puts it in the largest 50% 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 29 LOW ROAD lies on this distribution: 51% of detached houses houses are smaller than 29 LOW ROAD, and 49% of houses are larger. Note that EPC data is not available for all properties in Drayton.

29 LOW ROAD: Plot and Title Map

29 LOW ROAD sits on a plot of roughly 0.099 of an acre, or 401m². The below map shows the location of 29 LOW ROAD, 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 LOW ROAD). 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 LOW ROAD?

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