1, OVERTON WAY, REEPHAM, NORWICH, NR10 4FG - £247,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 OVERTON WAY is a midsized extended detached house of 100m², built sometime between 2007 and 2011. It was last sold for £247,000 in April 2016, which was around 18% below the average April 2016 detached price in the Broadland local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

1 OVERTON WAY Sold Prices

Land registry data shows three sales for 1 OVERTON WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. All of the three 1 OVERTON 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
2016 29 APR	£247,000	£301,269	18% below HPI
2011 7 APR	£170,000	£226,301	25% below HPI
2010 2 JUL	£184,950	£239,586	23% below HPI

1 OVERTON WAY 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 three 1 OVERTON WAY sales between July 2010 and April 2016 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 April 2011 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the April 2016 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 1 OVERTON WAY?

1 OVERTON WAY is 100m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the smallest 50% of detached houses in Reepham, based on EPC data. The below chart shows the distribution of detached houses by size in Reepham, and where 1 OVERTON WAY lies on this distribution: 40% of detached houses are smaller than 1 OVERTON WAY, and 57% of houses are larger. Note that EPC data is not available for all properties in Reepham.

1 OVERTON WAY: Plot and Title Map

1 OVERTON WAY sits on a plot of roughly 0.092 of an acre, or 373m². The below map shows the location of 1 OVERTON 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 1 OVERTON 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 1 OVERTON WAY?

1 OVERTON WAY is located in REEPHAM, in the NR10 postcode district. The below map shows the position of No. 1 on OVERTON WAY.