22, MARGARET REEVE CLOSE, WYMONDHAM, NR18 0ST - £160,000

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

22 MARGARET REEVE CLOSE is a very small extended detached house of 79m², built sometime between 1976 and 1982. It was last sold for £160,000 in December 2018, which was around 53% below the average December 2018 detached price in the South Norfolk local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was B.

22 MARGARET REEVE CLOSE Sold Prices

Land registry data shows six sales for 22 MARGARET REEVE CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. All of the six 22 MARGARET REEVE CLOSE 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
2018 19 DEC	£160,000	£340,663	53% below HPI
2007 12 JUL	£125,000	£253,875	51% below HPI
2005 22 NOV	£135,000	£225,709	40% below HPI
2002 17 SEP	£77,500	£169,419	54% below HPI
1999 1 NOV	£36,500	£100,364	64% below HPI
1998 27 FEB	£31,000	£83,757	63% below HPI

22 MARGARET REEVE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The six 22 MARGARET REEVE CLOSE sales between February 1998 and December 2018 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 July 2007 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the December 2018 sale, where it falls to 53% below the HPI. The line then continues to track at 53% below the HPI.

How Large is 22 MARGARET REEVE CLOSE?

22 MARGARET REEVE CLOSE is 79m², which includes one extension, according to the EPC inspection conducted in October 2018. This puts it in the smallest 20% of detached houses in Wymondham, based on EPC data. The below chart shows the distribution of detached houses by size in Wymondham, and where 22 MARGARET REEVE CLOSE lies on this distribution: 16% of detached houses are smaller than 22 MARGARET REEVE CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Wymondham.

22 MARGARET REEVE CLOSE: Plot and Title Map

22 MARGARET REEVE CLOSE sits on a plot of roughly 0.074 of an acre, or 298m². The below map shows the location of 22 MARGARET REEVE 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 22 MARGARET REEVE 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 22 MARGARET REEVE CLOSE?

22 MARGARET REEVE CLOSE is located in WYMONDHAM, in the NR18 postcode district. The below map shows the position of No. 22 on MARGARET REEVE CLOSE.