27, BROAD REACHES, LUDHAM, GREAT YARMOUTH, NR29 5PD - £225,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

27 BROAD REACHES is a small detached house of 87m², built sometime between 1950 and 1966, which could now be worth an estimated £364,002. It was last sold for £225,000 in August 2014, which was around 16% below the average August 2014 detached price in the North Norfolk local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was B.

27 BROAD REACHES Sold Prices

Land registry data shows two sales for 27 BROAD REACHES 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 27 BROAD REACHES 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
2014 18 AUG	£225,000	£266,300	16% below HPI
2007 30 AUG	£215,000	£254,246	15% below HPI

27 BROAD REACHES 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 27 BROAD REACHES sales from August 2007 and August 2014 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 August 2007 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the August 2014 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 27 BROAD REACHES be worth now?

27 BROAD REACHES might now be worth an estimated £364,002.

This is based on house price inflation of 61.8%, between August 2014 and February 2025, for detached houses, in the North Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 61.8% inflationary increase is applied to the most recent sale price for 27 BROAD REACHES of £225,000 on 18th August 2014. For the value to have increased from £225,000 to £364,002 over the eleven years and six months to February 2025, the following assumptions must hold true:

• The value of 27 BROAD REACHES has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The August 2014 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 27 BROAD REACHES has not materially changed since August 2014.

How Large is 27 BROAD REACHES?

27 BROAD REACHES is 87m² according to the EPC inspection conducted in February 2013. This puts it in the smallest 40% of detached houses houses in Ludham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ludham, and where 27 BROAD REACHES lies on this distribution: 30% of detached houses houses are smaller than 27 BROAD REACHES, and 68% of houses are larger. Note that EPC data is not available for all properties in Ludham.

27 BROAD REACHES: Plot and Title Map

27 BROAD REACHES sits on a plot of roughly 0.147 of an acre, or 594m². The below map shows the location of 27 BROAD REACHES, 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 27 BROAD REACHES). 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 27 BROAD REACHES?

27 BROAD REACHES is located in LUDHAM, in the NR29 postcode district. The below map shows the position of No. 27 on BROAD REACHES.