45, OLLANDS ROAD, REEPHAM, NORWICH, NR10 4EL - £375,000

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

45 OLLANDS ROAD is a small detached house of 91m², built sometime between 1967 and 1975. It was last sold for £375,000 in October 2023, which was around 9% below the average October 2023 detached price in the Broadland local authority area. The most recent EPC inspection was June 2020, where the current energy rating was E, and the potential energy rating was C.

45 OLLANDS ROAD Sold Prices

Land registry data shows four sales for 45 OLLANDS ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. All of the four 45 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
2023 5 OCT	£375,000	£410,396	9% below HPI
2007 28 SEP	£235,000	£263,791	11% below HPI
2004 18 MAR	£160,000	£195,089	18% below HPI
1995 31 MAY	£60,000	£72,970	18% below HPI

45 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 four 45 OLLANDS ROAD sales between May 1995 and October 2023 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 September 2007 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the October 2023 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 45 OLLANDS ROAD?

45 OLLANDS ROAD is 91m² according to the EPC inspection conducted in June 2020. 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 45 OLLANDS ROAD lies on this distribution: 34% of detached houses are smaller than 45 OLLANDS ROAD, and 66% of houses are larger. Note that EPC data is not available for all properties in Reepham.

45 OLLANDS ROAD: Plot and Title Map

45 OLLANDS ROAD sits on a plot of roughly 0.103 of an acre, or 416m². The below map shows the location of 45 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 45 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 45 OLLANDS ROAD?

45 OLLANDS ROAD is located in REEPHAM, in the NR10 postcode district. The below map shows the position of No. 45 on OLLANDS ROAD.