4, MILL ROAD, REEPHAM, NORWICH, NR10 4JX - £580,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 MILL ROAD is a very large extended detached house of 157m², built sometime between 1996 and 2002, which could now be worth an estimated £574,288. It was last sold for £580,000 in August 2022, which was around 36% above the average August 2022 detached price in the Broadland local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was C.

4 MILL ROAD Sold Prices

Land registry data shows three sales for 4 MILL 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. All of the three 4 MILL ROAD 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
2022 30 AUG	£580,000	£427,759	36% above HPI
2013 27 AUG	£315,000	£252,665	25% above HPI
2009 1 MAY	£250,000	£214,420	17% above HPI

4 MILL 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 4 MILL ROAD sales between May 2009 and August 2022 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 August 2013 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the August 2022 sale, where it rises to 36% above the HPI. The line then continues to track at 36% above the HPI.

What might 4 MILL ROAD be worth now?

4 MILL ROAD might now be worth an estimated £574,288.

This is based on house price deflation of 1%, between August 2022 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 1% deflationary decrease is applied to the most recent sale price for 4 MILL ROAD of £580,000 on 30th August 2022. For the value to have decreased from £580,000 to £574,288 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of 4 MILL ROAD has moved in line with the HPI for detached houses in the Broadland local authority area.
• The August 2022 sale price of £580,000 represented a fair market value for the property.
• The size, condition, and specification of 4 MILL ROAD has not materially changed since August 2022.

How Large is 4 MILL ROAD?

4 MILL ROAD is 157m², which includes two extensions, according to the EPC inspection conducted in June 2022. This puts it in the largest 20% 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 4 MILL ROAD lies on this distribution: 82% of detached houses houses are smaller than 4 MILL ROAD, and 17% of houses are larger. Note that EPC data is not available for all properties in Reepham.

4 MILL ROAD: Plot and Title Map

4 MILL ROAD sits on a plot of roughly 0.126 of an acre, or 510m². The below map shows the location of 4 MILL 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 4 MILL 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 4 MILL ROAD?

4 MILL ROAD is located in REEPHAM, in the NR10 postcode district. The below map shows the position of No. 4 on MILL ROAD.