7, REEDS WAY, LODDON, NORWICH, NR14 6FE - £290,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

7 REEDS WAY is a very small detached house of 90m², built sometime between 1996 and 2002. It was last sold for £290,000 in July 2024, which was around 26% below the average July 2024 detached price in the South Norfolk local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was B.

7 REEDS WAY Sold Prices

Land registry data shows two sales for 7 REEDS WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. Both of the two 7 REEDS 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
2024 22 JUL	£290,000	£389,694	26% below HPI
2013 23 AUG	£204,995	£242,885	16% below HPI

7 REEDS WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The two 7 REEDS WAY sales from August 2013 and July 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 August 2013 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the July 2024 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 7 REEDS WAY?

7 REEDS WAY is 90m² according to the EPC inspection conducted in April 2023. This puts it in the smallest 20% of detached houses in Loddon, based on EPC data. The below chart shows the distribution of detached houses by size in Loddon, and where 7 REEDS WAY lies on this distribution: 18% of detached houses are smaller than 7 REEDS WAY, and 80% of houses are larger. Note that EPC data is not available for all properties in Loddon.

7 REEDS WAY: Plot and Title Map

7 REEDS WAY sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of 7 REEDS 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 REEDS 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 REEDS WAY?

7 REEDS WAY is located in LODDON, in the NR14 postcode district. The below map shows the position of No. 7 on REEDS WAY.