43, STATION ROAD, REEDHAM, NORWICH, NR13 3TB - £525,000

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 STATION ROAD is a very large extended detached house of 201m², built sometime before 1900. It was last sold for £525,000 in July 2024, which was around 23% above the average July 2024 detached price in the Broadland local authority area. The most recent EPC inspection was March 2023, where the current energy rating was E, and the potential energy rating was C.

43 STATION ROAD Sold Prices

Land registry data shows three sales for 43 STATION 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 43 STATION 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
2024 11 JUL	£525,000	£427,090	23% above HPI
2016 17 FEB	£315,000	£302,743	4% above HPI
2009 9 NOV	£245,000	£226,715	8% above HPI

43 STATION 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 43 STATION ROAD sales between November 2009 and July 2024 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 2016 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the July 2024 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is 43 STATION ROAD?

43 STATION ROAD is 201m², which includes three extensions, according to the EPC inspection conducted in March 2023. This puts it in the largest 10% of detached houses in Reedham, based on EPC data. The below chart shows the distribution of detached houses by size in Reedham, and where 43 STATION ROAD lies on this distribution: 91% of detached houses are smaller than 43 STATION ROAD, and 9% of houses are larger. Note that EPC data is not available for all properties in Reedham.

43 STATION ROAD: Plot and Title Map

43 STATION ROAD sits on a plot of roughly 0.167 of an acre, or 675m². The below map shows the location of 43 STATION 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 43 STATION 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 43 STATION ROAD?

43 STATION ROAD is located in REEDHAM, in the NR13 postcode district. The below map shows the position of No. 43 on STATION ROAD.