43, SOUTHERN REACH, MULBARTON, NORWICH, NR14 8BU - £185,000

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

43 SOUTHERN REACH is a large extended detached house of 144m², built sometime between 1967 and 1975. It was last sold for £185,000 in July 2011, which was around 19% below the average July 2011 detached price in the South Norfolk local authority area. The most recent EPC inspection was February 2009, where the current energy rating was C, and the potential energy rating was C.

43 SOUTHERN REACH Sold Prices

Land registry data shows three sales for 43 SOUTHERN REACH since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. All of the three 43 SOUTHERN REACH 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
2011 22 JUL	£185,000	£228,976	19% below HPI
2000 13 DEC	£97,000	£122,783	21% below HPI
1999 27 AUG	£78,000	£93,961	17% below HPI

43 SOUTHERN REACH Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The three 43 SOUTHERN REACH sales between August 1999 and July 2011 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 December 2000 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the July 2011 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 43 SOUTHERN REACH?

43 SOUTHERN REACH is 144m², which includes two extensions, according to the EPC inspection conducted in February 2009. This puts it in the largest 30% of detached houses in Mulbarton, based on EPC data. The below chart shows the distribution of detached houses by size in Mulbarton, and where 43 SOUTHERN REACH lies on this distribution: 70% of detached houses are smaller than 43 SOUTHERN REACH, and 30% of houses are larger. Note that EPC data is not available for all properties in Mulbarton.

43 SOUTHERN REACH: Plot and Title Map

43 SOUTHERN REACH sits on a plot of roughly 0.096 of an acre, or 388m². The below map shows the location of 43 SOUTHERN REACH, 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 43 SOUTHERN REACH). 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 43 SOUTHERN REACH?

43 SOUTHERN REACH is located in MULBARTON, in the NR14 postcode district. The below map shows the position of No. 43 on SOUTHERN REACH.