5, THE HILLS, REEDHAM, NORWICH, NR13 3TN - £250,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 THE HILLS is a small extended detached house of 96m², built sometime before 1900, which could now be worth an estimated £422,448. It was last sold for £250,000 in January 2014, which was about the average January 2014 detached price in the Broadland local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was B.

5 THE HILLS Sold Prices

Land registry data shows two sales for 5 THE HILLS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. One of the two 5 THE HILLS sales was roughly equal to the average price, whilst the other was 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 23 JAN	£250,000	£250,650	Close to HPI
2012 30 AUG	£243,000	£244,992	1% below HPI

5 THE HILLS 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 two 5 THE HILLS sales from August 2012 and January 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 2012 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the January 2014 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 5 THE HILLS be worth now?

5 THE HILLS might now be worth an estimated £422,448.

This is based on house price inflation of 69%, between January 2014 and February 2025, for detached houses, in the Broadland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 69% inflationary increase is applied to the most recent sale price for 5 THE HILLS of £250,000 on 23rd January 2014. For the value to have increased from £250,000 to £422,448 over the ten years and eleven months to February 2025, the following assumptions must hold true:

• The value of 5 THE HILLS has moved in line with the HPI for detached houses in the Broadland local authority area.
• The January 2014 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 5 THE HILLS has not materially changed since January 2014.

How Large is 5 THE HILLS?

5 THE HILLS is 96m², which includes two extensions, according to the EPC inspection conducted in April 2012. This puts it in the smallest 30% of detached houses houses in Reedham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Reedham, and where 5 THE HILLS lies on this distribution: 27% of detached houses houses are smaller than 5 THE HILLS, and 72% of houses are larger. Note that EPC data is not available for all properties in Reedham.

5 THE HILLS: Plot and Title Map

5 THE HILLS sits on a plot of roughly 0.130 of an acre, or 525m². The below map shows the location of 5 THE HILLS, 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 THE HILLS). 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 THE HILLS?

5 THE HILLS is located in REEDHAM, in the NR13 postcode district. The below map shows the position of No. 5 on THE HILLS.