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
8 BROAD REACHES is a very small detached house of 78m², built sometime between 1950 and 1966. It was last sold for £137,500 in August 2003, which was around 24% below the average August 2003 detached price in the North Norfolk local authority area. The most recent EPC inspection was May 2014, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 8 BROAD REACHES since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. Both of the two 8 BROAD REACHES 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 |
---|---|---|---|
2003 18 AUG | £137,500 | £181,054 | 24% below HPI |
1998 3 SEP | £68,000 | £83,790 | 19% below HPI |
The below graph shows the average detached house price in the North Norfolk local authority area over time, sourced from the HPI. The two 8 BROAD REACHES sales from September 1998 and August 2003 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 September 1998 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the August 2003 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.
8 BROAD REACHES is 78m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 20% of detached houses in Ludham, based on EPC data. The below chart shows the distribution of detached houses by size in Ludham, and where 8 BROAD REACHES lies on this distribution: 15% of detached houses are smaller than 8 BROAD REACHES, and 84% of houses are larger. Note that EPC data is not available for all properties in Ludham.
8 BROAD REACHES sits on a plot of roughly 0.166 of an acre, or 673m². The below map shows the location of 8 BROAD REACHES, 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 8 BROAD REACHES). 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.
8 BROAD REACHES is located in LUDHAM, in the NR29 postcode district. The below map shows the position of No. 8 on BROAD REACHES.