3, OVERTON WAY, REEPHAM, NORWICH, NR10 4FG - £260,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 OVERTON WAY is a midsized extended detached house of 106m², built sometime from 2007 onwards, which could now be worth an estimated £343,889. It was last sold for £260,000 in January 2017, which was around 19% below the average January 2017 detached price in the Broadland local authority area. The most recent EPC inspection was June 2016, where the current energy rating was C, and the potential energy rating was B.

3 OVERTON WAY Sold Prices

Land registry data shows two sales for 3 OVERTON WAY 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 3 OVERTON WAY sales was for below the average price, whilst the other was roughly equal to 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 4 JAN	£260,000	£320,225	19% below HPI
2009 26 FEB	£205,000	£205,978	Close to HPI

3 OVERTON WAY 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 3 OVERTON WAY sales from February 2009 and January 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 February 2009 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the January 2017 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 3 OVERTON WAY be worth now?

3 OVERTON WAY might now be worth an estimated £343,889.

This is based on house price inflation of 32.3%, between January 2017 and February 2025, for detached houses, in the Broadland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 32.3% inflationary increase is applied to the most recent sale price for 3 OVERTON WAY of £260,000 on 4th January 2017. For the value to have increased from £260,000 to £343,889 over the seven years and eleven months to February 2025, the following assumptions must hold true:

• The value of 3 OVERTON WAY has moved in line with the HPI for detached houses in the Broadland local authority area.
• The January 2017 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 3 OVERTON WAY has not materially changed since January 2017.

How Large is 3 OVERTON WAY?

3 OVERTON WAY is 106m², which includes one extension, according to the EPC inspection conducted in June 2016. This puts it in the largest 50% of detached houses houses in Reepham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Reepham, and where 3 OVERTON WAY lies on this distribution: 52% of detached houses houses are smaller than 3 OVERTON WAY, and 47% of houses are larger. Note that EPC data is not available for all properties in Reepham.

3 OVERTON WAY: Plot and Title Map

3 OVERTON WAY sits on a plot of roughly 0.074 of an acre, or 298m². The below map shows the location of 3 OVERTON WAY, 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 3 OVERTON WAY). 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 3 OVERTON WAY?

3 OVERTON WAY is located in REEPHAM, in the NR10 postcode district. The below map shows the position of No. 3 on OVERTON WAY.