51, ACRES WAY, DRAYTON, NORWICH, NR8 6UT - £136,500

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.

51 ACRES WAY is a very small terraced house of 52m², built sometime between 1983 and 1990, which could now be worth an estimated £197,295. It was last sold for £136,500 in October 2014, which was around 9% below the average October 2014 terraced price in the Broadland local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was A.

51 ACRES WAY Sold Prices

Land registry data shows four sales for 51 ACRES WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Broadland local authority area for the corresponding sale date. All of the four 51 ACRES WAY 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
2014 14 OCT	£136,500	£149,953	9% below HPI
2007 4 MAY	£128,500	£143,080	10% below HPI
2001 17 AUG	£59,995	£66,917	10% below HPI
1996 23 AUG	£34,000	£38,178	11% below HPI

51 ACRES WAY 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 four 51 ACRES WAY sales between August 1996 and October 2014 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 2007 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the October 2014 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 51 ACRES WAY be worth now?

51 ACRES WAY might now be worth an estimated £197,295.

This is based on house price inflation of 44.5%, between October 2014 and June 2025, 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 44.5% inflationary increase is applied to the most recent sale price for 51 ACRES WAY of £136,500 on 14th October 2014. For the value to have increased from £136,500 to £197,295 over the eleven years and four months to June 2025, the following assumptions must hold true:

• The value of 51 ACRES WAY has moved in line with the HPI for terraced houses in the Broadland local authority area.
• The October 2014 sale price of £136,500 represented a fair market value for the property.
• The size, condition, and specification of 51 ACRES WAY has not materially changed since October 2014.

How Large is 51 ACRES WAY?

51 ACRES WAY is 52m² according to the EPC inspection conducted in April 2014. 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 51 ACRES WAY lies on this distribution: 1% of terraced houses houses are smaller than 51 ACRES WAY, and 99% of houses are larger. Note that EPC data is not available for all properties in Thorpe Marriot.

51 ACRES WAY: Plot and Title Map

51 ACRES WAY sits on a plot of roughly 0.022 of an acre, or 88m². The below map shows the location of 51 ACRES WAY, 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 51 ACRES WAY). 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 51 ACRES WAY?

51 ACRES WAY is located in DRAYTON, in the NR8 postcode district. The below map shows the position of No. 51 on ACRES WAY.