31, STATION ROAD, REEDHAM, NORWICH, NR13 3TB - £340,000

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

31 STATION ROAD is a midsized extended detached house of 118m², built sometime between 1983 and 1990. It was last sold for £340,000 in March 2024, which was around 13% below the average March 2024 detached price in the Broadland local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was B.

31 STATION ROAD Sold Prices

Land registry data shows four sales for 31 STATION ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. Most of the four 31 STATION 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
2024 15 MAR	£340,000	£392,756	13% below HPI
2011 16 SEP	£310,000	£236,919	31% above HPI
2002 31 MAY	£128,000	£151,340	15% below HPI
2001 3 JAN	£50,000	£117,205	57% below HPI

31 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 four 31 STATION ROAD sales between January 2001 and March 2024 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 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the March 2024 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 31 STATION ROAD?

31 STATION ROAD is 118m², which includes one extension, according to the EPC inspection conducted in June 2023. 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 31 STATION ROAD lies on this distribution: 46% of detached houses are smaller than 31 STATION ROAD, and 53% of houses are larger. Note that EPC data is not available for all properties in Reedham.

31 STATION ROAD: Plot and Title Map

31 STATION ROAD sits on a plot of roughly 0.190 of an acre, or 770m². The below map shows the location of 31 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 31 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 31 STATION ROAD?

31 STATION ROAD is located in REEDHAM, in the NR13 postcode district. The below map shows the position of No. 31 on STATION ROAD.