39, THE HILLS, REEDHAM, NORWICH, NR13 3AR - £470,000

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

39 THE HILLS is a very large extended detached house of 181m², built sometime between 1976 and 1982. It was last sold for £470,000 in December 2018, which was around 36% above the average December 2018 detached price in the Broadland local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was B.

39 THE HILLS Sold Prices

Land registry data shows two sales for 39 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. Both of the two 39 THE HILLS sales were 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
2018 14 DEC	£470,000	£346,765	36% above HPI
1998 22 JUN	£137,000	£82,995	65% above HPI

39 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 39 THE HILLS sales from June 1998 and December 2018 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 June 1998 sale was for 65% above the HPI. So the extrapolation line tracks at 65% above the HPI over time, until the December 2018 sale, where it falls to 36% above the HPI. The line then continues to track at 36% above the HPI.

How Large is 39 THE HILLS?

39 THE HILLS is 181m², which includes four extensions, according to the EPC inspection conducted in August 2018. 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 39 THE HILLS lies on this distribution: 84% of detached houses are smaller than 39 THE HILLS, and 16% of houses are larger. Note that EPC data is not available for all properties in Reedham.

39 THE HILLS: Plot and Title Map

39 THE HILLS sits on a plot of roughly 0.162 of an acre, or 656m². The below map shows the location of 39 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 39 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 39 THE HILLS?

39 THE HILLS is located in REEDHAM, in the NR13 postcode district. The below map shows the position of No. 39 on THE HILLS.