7, BARN OWL CLOSE, REEDHAM, NORWICH, NR13 3FF - £340,000

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.

7 BARN OWL CLOSE is a very small detached house of 77m², which could now be worth an estimated £343,484. It was last sold for £340,000 in October 2024, which was around 19% below the average October 2024 detached price in the Broadland local authority area. The most recent EPC inspection was March 2019, where the current energy rating was B, and the potential energy rating was A.

7 BARN OWL CLOSE Sold Prices

Land registry data shows two sales for 7 BARN OWL CLOSE 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. Both of the two 7 BARN OWL CLOSE 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
2024 1 OCT	£340,000	£419,250	19% below HPI
2020 21 JUL	£290,000	£357,716	19% below HPI

7 BARN OWL CLOSE 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 7 BARN OWL CLOSE sales from July 2020 and October 2024 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 July 2020 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the October 2024 sale, which was also at 19% below the HPI.

What might 7 BARN OWL CLOSE be worth now?

7 BARN OWL CLOSE might now be worth an estimated £343,484.

This is based on house price inflation of 1%, between October 2024 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 1% inflationary increase is applied to the most recent sale price for 7 BARN OWL CLOSE of £340,000 on 1st October 2024. For the value to have increased from £340,000 to £343,484 over the one year and eight months to February 2025, the following assumptions must hold true:

• The value of 7 BARN OWL CLOSE has moved in line with the HPI for detached houses in the Broadland local authority area.
• The October 2024 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 7 BARN OWL CLOSE has not materially changed since October 2024.

How Large is 7 BARN OWL CLOSE?

7 BARN OWL CLOSE is 77m² according to the EPC inspection conducted in March 2019. This puts it in the smallest 20% 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 7 BARN OWL CLOSE lies on this distribution: 13% of detached houses houses are smaller than 7 BARN OWL CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Reedham.

7 BARN OWL CLOSE: Plot and Title Map

7 BARN OWL CLOSE sits on a plot of roughly 0.089 of an acre, or 360m². The below map shows the location of 7 BARN OWL CLOSE, 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 7 BARN OWL CLOSE). 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 7 BARN OWL CLOSE?

7 BARN OWL CLOSE is located in REEDHAM, in the NR13 postcode district. The below map shows the position of No. 7 on BARN OWL CLOSE.