28B, STATION ROAD, REEDHAM, NORWICH, NR13 3TB - £445,000

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

28B STATION ROAD is a very large detached house of 175m². It was last sold for £445,000 in July 2020, which was around 26% above the average July 2020 detached price in the Broadland local authority area. The most recent EPC inspection was March 2016, where the current energy rating was B, and the potential energy rating was A.

28B STATION ROAD Sold Prices

Land registry data shows three sales for 28B STATION ROAD 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. Two of the three 28B STATION ROAD sales were for above the average price, whilst one was 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
2020 22 JUL	£445,000	£354,166	26% above HPI
2016 7 OCT	£385,000	£315,199	22% above HPI
2014 27 NOV	£131,000	£267,960	51% below HPI

28B STATION ROAD 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 28B STATION ROAD sales between November 2014 and July 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 October 2016 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the July 2020 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is 28B STATION ROAD?

28B STATION ROAD is 175m² according to the EPC inspection conducted in March 2016. 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 28B STATION ROAD lies on this distribution: 82% of detached houses are smaller than 28B STATION ROAD, and 17% of houses are larger. Note that EPC data is not available for all properties in Reedham.

28B STATION ROAD: Plot and Title Map

28B STATION ROAD sits on a plot of roughly 0.140 of an acre, or 567m². The below map shows the location of 28B STATION 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 28B STATION 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.

Where is 28B STATION ROAD?

28B STATION ROAD is located in REEDHAM, in the NR13 postcode district. The below map shows the position of No. 28B on STATION ROAD.