2A, THE HILLS, REEDHAM, NORWICH, NR13 3TN - £325,000

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

2A THE HILLS is a midsized detached house of 118m², built sometime from 2007 onwards. It was last sold for £325,000 in April 2021, which was around 9% below the average April 2021 detached price in the Broadland local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

2A THE HILLS Sold Prices

Land registry data shows two sales for 2A THE HILLS since 1^st 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. One of the two 2A THE HILLS sales was for below the average price, whilst the other was for above 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
2021 22 APR	£325,000	£357,853	9% below HPI
2009 16 OCT	£225,000	£223,722	1% above HPI

2A 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 two 2A THE HILLS sales from October 2009 and April 2021 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 2009 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the April 2021 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 2A THE HILLS?

2A THE HILLS is 118m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 50% of detached houses in Reedham, based on EPC data. The below chart shows the distribution of detached houses by size in Reedham, and where 2A THE HILLS lies on this distribution: 46% of detached houses are smaller than 2A THE HILLS, and 53% of houses are larger. Note that EPC data is not available for all properties in Reedham.

2A THE HILLS: Plot and Title Map

2A THE HILLS sits on a plot of roughly 0.134 of an acre, or 543m². The below map shows the location of 2A 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 2A 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 2A THE HILLS?

2A THE HILLS is located in REEDHAM, in the NR13 postcode district. The below map shows the position of No. 2A on THE HILLS.