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

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

4 MILL ROAD is a very large extended detached house of 157m², built sometime between 1996 and 2002. It was last sold for £580,000 in August 2022, which was around 37% 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	£423,514	37% above HPI
2013 27 AUG	£315,000	£250,158	26% above HPI
2009 1 MAY	£250,000	£212,292	18% 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 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the August 2022 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

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 in Reepham, based on EPC data. The below chart shows the distribution of detached houses by size in Reepham, and where 4 MILL ROAD lies on this distribution: 81% of detached houses are smaller than 4 MILL ROAD, and 18% 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.