1, REEDHAM DRIVE, HOVETON, NORWICH, NR12 8GB - £380,000

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 REEDHAM DRIVE is a midsized detached house of 105m². It was last sold for £380,000 in May 2024, which was around 9% below the average May 2024 detached price in the North Norfolk local authority area. The most recent EPC inspection was September 2014, where the current energy rating was B, and the potential energy rating was B.

1 REEDHAM DRIVE Sold Prices

Land registry data shows two sales for 1 REEDHAM DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. Both of the two 1 REEDHAM DRIVE 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
2024 10 MAY	£380,000	£415,389	9% below HPI
2014 24 OCT	£244,500	£270,209	10% below HPI

1 REEDHAM DRIVE 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 two 1 REEDHAM DRIVE sales from October 2014 and May 2024 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 October 2014 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the May 2024 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 1 REEDHAM DRIVE?

1 REEDHAM DRIVE is 105m² according to the EPC inspection conducted in September 2014. This puts it in the largest 50% of detached houses in Hoveton, based on EPC data. The below chart shows the distribution of detached houses by size in Hoveton, and where 1 REEDHAM DRIVE lies on this distribution: 48% of detached houses are smaller than 1 REEDHAM DRIVE, and 48% of houses are larger. Note that EPC data is not available for all properties in Hoveton.

1 REEDHAM DRIVE: Plot and Title Map

1 REEDHAM DRIVE sits on a plot of roughly 50.2 acres, or 203,251m². The below map shows the location of 1 REEDHAM DRIVE, 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 REEDHAM DRIVE). 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 REEDHAM DRIVE?

1 REEDHAM DRIVE is located in HOVETON, in the NR12 postcode district. The below map shows the position of No. 1 on REEDHAM DRIVE.