45, SCHOOL ROAD, REEPHAM, NORWICH, NR10 4JP - £356,000

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 SCHOOL ROAD is a midsized extended detached house of 101m², built sometime before 1900. It was last sold for £356,000 in December 2008, which was around 65% above the average December 2008 detached price in the Broadland local authority area. The most recent EPC inspection was October 2008, where the current energy rating was E, and the potential energy rating was D.

45 SCHOOL ROAD Sold Prices

Land registry data shows four sales for 45 SCHOOL 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 SCHOOL 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
2008 9 DEC	£356,000	£216,085	65% above HPI
2004 28 JUN	£285,000	£201,594	41% above HPI
1999 28 MAY	£160,000	£87,634	83% above HPI
1997 21 FEB	£115,000	£75,706	52% above HPI

45 SCHOOL 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 SCHOOL ROAD sales between February 1997 and December 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 June 2004 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the December 2008 sale, where it rises to 65% above the HPI. The line then continues to track at 65% above the HPI.

How Large is 45 SCHOOL ROAD?

45 SCHOOL ROAD is 101m², which includes two extensions, according to the EPC inspection conducted in October 2008. This puts it in the smallest 50% 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 SCHOOL ROAD lies on this distribution: 45% of detached houses are smaller than 45 SCHOOL ROAD, and 55% of houses are larger. Note that EPC data is not available for all properties in Reepham.

45 SCHOOL ROAD: Plot and Title Map

45 SCHOOL ROAD sits on a plot of roughly 0.194 of an acre, or 784m². The below map shows the location of 45 SCHOOL 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 SCHOOL 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 SCHOOL ROAD?

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