26B, THE HILLS, REEDHAM, NORWICH, NR13 3AR - £160,000

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

26B THE HILLS is a very small extended semi-detached house of 65m², built sometime between 1930 and 1949. It was last sold for £160,000 in December 2017, which was around 52% below the average December 2017 detached price in the Broadland local authority area. The most recent EPC inspection was May 2015, where the current energy rating was F, and the potential energy rating was C.

26B THE HILLS Sold Prices

Land registry data shows three sales for 26B THE HILLS 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 26B THE HILLS 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
2017 8 DEC	£160,000	£333,087	52% below HPI
2015 30 JUL	£135,000	£278,512	52% below HPI
2006 16 NOV	£106,335	£243,912	56% below HPI

26B THE HILLS 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 26B THE HILLS sales between November 2006 and December 2017 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 2015 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the December 2017 sale, which was also at 52% below the HPI.

How Large is 26B THE HILLS?

26B THE HILLS is 65m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the smallest 10% of detached houses in Reedham, based on EPC data. The below chart shows the distribution of detached houses by size in Reedham, and where 26B THE HILLS lies on this distribution: 4% of detached houses are smaller than 26B THE HILLS, and 95% of houses are larger. Note that EPC data is not available for all properties in Reedham.

26B THE HILLS: Plot and Title Map

26B THE HILLS sits on a plot of roughly 0.022 of an acre, or 90m². The below map shows the location of 26B THE HILLS, 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 26B THE HILLS). 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 26B THE HILLS?

26B THE HILLS is located in REEDHAM, in the NR13 postcode district. The below map shows the position of No. 26B on THE HILLS.