2, BARN OWL CLOSE, REEDHAM, NORWICH, NR13 3FF - £505,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 BARN OWL CLOSE is a very large detached house of 184m². It was last sold for £505,000 in September 2020, which was around 41% above the average September 2020 detached price in the Broadland local authority area. The most recent EPC inspection was May 2020, where the current energy rating was B, and the potential energy rating was A.

2 BARN OWL CLOSE Sold Prices

Land registry data shows two sales for 2 BARN OWL CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. Both of the two 2 BARN OWL CLOSE sales were for above 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
2020 4 SEP	£505,000	£359,153	41% above HPI
2016 23 NOV	£485,000	£318,914	52% above HPI

2 BARN OWL CLOSE 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 two 2 BARN OWL CLOSE sales from November 2016 and September 2020 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 November 2016 sale was for 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the September 2020 sale, where it falls to 41% above the HPI. The line then continues to track at 41% above the HPI.

How Large is 2 BARN OWL CLOSE?

2 BARN OWL CLOSE is 184m² according to the EPC inspection conducted in May 2020. This puts it in the largest 20% of detached houses in Reedham, based on EPC data. The below chart shows the distribution of detached houses by size in Reedham, and where 2 BARN OWL CLOSE lies on this distribution: 85% of detached houses are smaller than 2 BARN OWL CLOSE, and 14% of houses are larger. Note that EPC data is not available for all properties in Reedham.

2 BARN OWL CLOSE: Plot and Title Map

2 BARN OWL CLOSE sits on a plot of roughly 0.173 of an acre, or 701m². The below map shows the location of 2 BARN OWL CLOSE, 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 2 BARN OWL CLOSE). 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 2 BARN OWL CLOSE?

2 BARN OWL CLOSE is located in REEDHAM, in the NR13 postcode district. The below map shows the position of No. 2 on BARN OWL CLOSE.