41, OLLANDS ROAD, REEPHAM, NORWICH, NR10 4EL - £250,000

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

41 OLLANDS ROAD is a small extended detached house of 99m², built sometime between 1950 and 1966. It was last sold for £250,000 in May 2008, which was around 1% below the average May 2008 detached price in the Broadland local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was C.

41 OLLANDS ROAD Sold Prices

Land registry data shows two sales for 41 OLLANDS ROAD 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 41 OLLANDS 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
2008 8 MAY	£250,000	£252,261	1% below HPI
2005 25 FEB	£148,000	£216,566	32% below HPI

41 OLLANDS 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 two 41 OLLANDS ROAD sales from February 2005 and May 2008 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 2005 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the May 2008 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 41 OLLANDS ROAD?

41 OLLANDS ROAD is 99m², which includes one extension, according to the EPC inspection conducted in October 2013. This puts it in the smallest 40% of detached houses in Reepham, based on EPC data. The below chart shows the distribution of detached houses by size in Reepham, and where 41 OLLANDS ROAD lies on this distribution: 39% of detached houses are smaller than 41 OLLANDS ROAD, and 60% of houses are larger. Note that EPC data is not available for all properties in Reepham.

41 OLLANDS ROAD: Plot and Title Map

41 OLLANDS ROAD sits on a plot of roughly 0.162 of an acre, or 656m². The below map shows the location of 41 OLLANDS 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 41 OLLANDS 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 41 OLLANDS ROAD?

41 OLLANDS ROAD is located in REEPHAM, in the NR10 postcode district. The below map shows the position of No. 41 on OLLANDS ROAD.