BROADS REACH, UPPER STAITHE ROAD, STALHAM, NORWICH, NR12 9AX - £239,000

BROADS REACH is a small detached house of 90m², built sometime between 1950 and 1966. It was last sold for £239,000 in May 2021, which was around 37% below the average May 2021 detached price in the North Norfolk local authority area. The most recent EPC inspection was June 2021, where the current energy rating was F, and the potential energy rating was B.

BROADS REACH Sold Prices

Land registry data shows three sales for BROADS REACH since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. All of the three BROADS REACH 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
2021 20 MAY	£239,000	£376,519	37% below HPI
2003 19 SEP	£172,500	£184,081	6% below HPI
1997 16 APR	£46,000	£71,956	36% below HPI

BROADS REACH Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Norfolk local authority area over time, sourced from the HPI. The three BROADS REACH sales between April 1997 and May 2021 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 September 2003 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the May 2021 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is BROADS REACH?

BROADS REACH is 90m² according to the EPC inspection conducted in June 2021. This puts it in the smallest 40% of detached houses in Stalham, based on EPC data. The below chart shows the distribution of detached houses by size in Stalham, and where BROADS REACH lies on this distribution: 38% of detached houses are smaller than BROADS REACH, and 62% of houses are larger. Note that EPC data is not available for all properties in Stalham.

BROADS REACH: Plot and Title Map

BROADS REACH sits on a plot of roughly 0.185 of an acre, or 749m². The below map shows the location of BROADS REACH, 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 BROADS REACH). 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 BROADS REACH?

BROADS REACH is located on UPPER STAITHE ROAD in STALHAM, in the NR12 postcode district. The below map shows the position of BROADS REACH on UPPER STAITHE ROAD.