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
288 REEPHAM ROAD is a small extended detached house of 95m², built sometime between 1950 and 1966. It was last sold for £265,000 in November 2017, which was around 21% below the average November 2017 detached price in the Broadland local authority area. The most recent EPC inspection was June 2017, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 288 REEPHAM ROAD since 1st 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 288 REEPHAM ROAD 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 6 NOV | £265,000 | £333,953 | 21% below HPI |
2011 21 SEP | £150,000 | £236,919 | 37% below HPI |
The below graph shows the average detached house price in the Broadland local authority area over time, sourced from the HPI. The two 288 REEPHAM ROAD sales from September 2011 and November 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 September 2011 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the November 2017 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.
288 REEPHAM ROAD is 95m², which includes one extension, according to the EPC inspection conducted in June 2017. This puts it in the smallest 40% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 288 REEPHAM ROAD lies on this distribution: 35% of detached houses are smaller than 288 REEPHAM ROAD, and 64% of houses are larger. Note that EPC data is not available for all properties in Norwich.
288 REEPHAM ROAD sits on a plot of roughly 0.160 of an acre, or 647m². The below map shows the location of 288 REEPHAM ROAD, 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 288 REEPHAM ROAD). 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.
288 REEPHAM ROAD is located in NORWICH, in the NR6 postcode district. The below map shows the position of No. 288 on REEPHAM ROAD.