5, BROAD REACHES, LUDHAM, GREAT YARMOUTH, NR29 5PD - £218,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

5 BROAD REACHES is a small detached house of 83m², built sometime between 1967 and 1975, which could now be worth an estimated £336,307. It was last sold for £218,000 in October 2014, which was around 20% below the average October 2014 detached price in the North Norfolk local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was D.

5 BROAD REACHES Sold Prices

Land registry data shows two sales for 5 BROAD REACHES since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. Both of the two 5 BROAD REACHES 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
2014 31 OCT	£218,000	£272,824	20% below HPI
2011 12 AUG	£205,000	£244,837	16% below HPI

5 BROAD REACHES Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Norfolk local authority area over time, sourced from the HPI. The two 5 BROAD REACHES sales from August 2011 and October 2014 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 August 2011 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the October 2014 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 5 BROAD REACHES be worth now?

5 BROAD REACHES might now be worth an estimated £336,307.

This is based on house price inflation of 54.3%, between October 2014 and December 2024, for detached houses, in the North Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 54.3% inflationary increase is applied to the most recent sale price for 5 BROAD REACHES of £218,000 on 31st October 2014. For the value to have increased from £218,000 to £336,307 over the nine years and ten months to December 2024, the following assumptions must hold true:

• The value of 5 BROAD REACHES has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The October 2014 sale price of £218,000 represented a fair market value for the property.
• The size, condition, and specification of 5 BROAD REACHES has not materially changed since October 2014.

How Large is 5 BROAD REACHES?

5 BROAD REACHES is 83m² according to the EPC inspection conducted in July 2011. This puts it in the smallest 30% of detached houses houses in Ludham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ludham, and where 5 BROAD REACHES lies on this distribution: 24% of detached houses houses are smaller than 5 BROAD REACHES, and 76% of houses are larger. Note that EPC data is not available for all properties in Ludham.

5 BROAD REACHES: Plot and Title Map

5 BROAD REACHES sits on a plot of roughly 0.180 of an acre, or 727m². The below map shows the location of 5 BROAD REACHES, 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 5 BROAD REACHES). 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 5 BROAD REACHES?

5 BROAD REACHES is located in LUDHAM, in the NR29 postcode district. The below map shows the position of No. 5 on BROAD REACHES.