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

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

5 THE HILLS is a small extended detached house of 96m², built sometime before 1900. It was last sold for £250,000 in January 2014, which was around 1% above 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 for above the average price, whilst the other was roughly equal to 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	£248,162	1% above HPI
2012 30 AUG	£243,000	£242,560	Close to 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 roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the January 2014 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

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 in Reedham, based on EPC data. The below chart shows the distribution of detached houses by size in Reedham, and where 5 THE HILLS lies on this distribution: 28% of detached 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.