7, PIGHTLE WAY, REEPHAM, NORWICH, NR10 4QW - £185,000

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

7 PIGHTLE WAY is a small detached house of 83m², built sometime between 1983 and 1990, which could now be worth an estimated £327,478. It was last sold for £185,000 in August 2011, which was around 23% below the average August 2011 detached price in the Broadland local authority area. The most recent EPC inspection was April 2023, where the current energy rating was D, and the potential energy rating was B.

7 PIGHTLE WAY Sold Prices

Land registry data shows three sales for 7 PIGHTLE WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. All of the three 7 PIGHTLE WAY 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
2011 16 AUG	£185,000	£239,271	23% below HPI
2003 27 OCT	£183,500	£198,517	8% below HPI
2002 18 SEP	£152,000	£173,658	12% below HPI

7 PIGHTLE WAY 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 three 7 PIGHTLE WAY sales between September 2002 and August 2011 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 October 2003 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the August 2011 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 7 PIGHTLE WAY be worth now?

7 PIGHTLE WAY might now be worth an estimated £327,478.

This is based on house price inflation of 77%, between August 2011 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 77% inflationary increase is applied to the most recent sale price for 7 PIGHTLE WAY of £185,000 on 16th August 2011. For the value to have increased from £185,000 to £327,478 over the fourteen years and six months to February 2025, the following assumptions must hold true:

• The value of 7 PIGHTLE WAY has moved in line with the HPI for detached houses in the Broadland local authority area.
• The August 2011 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 7 PIGHTLE WAY has not materially changed since August 2011.

How Large is 7 PIGHTLE WAY?

7 PIGHTLE WAY is 83m² according to the EPC inspection conducted in April 2023. This puts it in the smallest 40% of detached houses houses in Reepham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Reepham, and where 7 PIGHTLE WAY lies on this distribution: 31% of detached houses houses are smaller than 7 PIGHTLE WAY, and 69% of houses are larger. Note that EPC data is not available for all properties in Reepham.

7 PIGHTLE WAY: Plot and Title Map

7 PIGHTLE WAY sits on a plot of roughly 0.147 of an acre, or 593m². The below map shows the location of 7 PIGHTLE WAY, 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 PIGHTLE WAY). 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 PIGHTLE WAY?

7 PIGHTLE WAY is located in REEPHAM, in the NR10 postcode district. The below map shows the position of No. 7 on PIGHTLE WAY.