1, PIGHTLE WAY, REEPHAM, NORWICH, NR10 4QW - £368,000

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 PIGHTLE WAY is a small detached house of 79m², built sometime between 1983 and 1990. It was last sold for £368,000 in August 2022, which was around 13% below the average August 2022 detached price in the Broadland local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was B.

1 PIGHTLE WAY Sold Prices

Land registry data shows three sales for 1 PIGHTLE 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 PIGHTLE 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
2022 16 AUG	£368,000	£423,514	13% below HPI
2020 15 APR	£270,000	£344,136	22% below HPI
2012 7 AUG	£205,550	£242,560	15% below HPI

1 PIGHTLE 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 PIGHTLE WAY sales between August 2012 and August 2022 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 2020 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the August 2022 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 1 PIGHTLE WAY?

1 PIGHTLE WAY is 79m² according to the EPC inspection conducted in February 2022. This puts it in the smallest 30% 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 PIGHTLE WAY lies on this distribution: 24% of detached houses are smaller than 1 PIGHTLE WAY, and 76% of houses are larger. Note that EPC data is not available for all properties in Reepham.

1 PIGHTLE WAY: Plot and Title Map

1 PIGHTLE WAY sits on a plot of roughly 0.089 of an acre, or 362m². The below map shows the location of 1 PIGHTLE 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 PIGHTLE 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 PIGHTLE WAY?

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