4, GEORGE CLOSE, DRAYTON, NORWICH, NR8 6EA - £220,000

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.

4 GEORGE CLOSE is a small extended semi-detached house of 72m², built sometime between 1950 and 1966, which could now be worth an estimated £279,407. It was last sold for £220,000 in May 2018, which was around 1% above the average May 2018 semi-detached price in the Broadland local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was B.

4 GEORGE CLOSE Sold Prices

Land registry data shows one sale for 4 GEORGE CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-detached price in the Broadland local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2018 25 MAY	£220,000	£216,933	1% above HPI

What might 4 GEORGE CLOSE be worth now?

4 GEORGE CLOSE might now be worth an estimated £279,407.

This is based on house price inflation of 27%, between May 2018 and May 2026, for semi-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 27% inflationary increase is applied to the most recent sale price for 4 GEORGE CLOSE of £220,000 on 25th May 2018. For the value to have increased from £220,000 to £279,407 over the eight years to May 2026, the following assumptions must hold true:

• The value of 4 GEORGE CLOSE has moved in line with the HPI for semi-detached houses in the Broadland local authority area.
• The May 2018 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 4 GEORGE CLOSE has not materially changed since May 2018.

How Large is 4 GEORGE CLOSE?

4 GEORGE CLOSE is 72m², which includes one extension, according to the EPC inspection conducted in January 2018. This puts it in the smallest 30% of semi-detached houses in Drayton, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Drayton, and where 4 GEORGE CLOSE lies on this distribution: 20% of semi-detached houses are smaller than 4 GEORGE CLOSE, and 74% of semi-detached houses are larger. Note that EPC data is not available for all properties in Drayton.

4 GEORGE CLOSE: Plot

4 GEORGE CLOSE sits on a plot of roughly 0.225 of an acre, or 910m².

Where is 4 GEORGE CLOSE?

4 GEORGE CLOSE is located in DRAYTON, in the NR8 postcode district.