8, REEDS WAY, LODDON, NORWICH, NR14 6FE - £298,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

8 REEDS WAY is a small detached house of 106m². It was last sold for £298,000 in March 2021, which was around 18% below the average March 2021 detached price in the South Norfolk local authority area. The most recent EPC inspection was June 2013, where the current energy rating was B, and the potential energy rating was B.

8 REEDS WAY Sold Prices

Land registry data shows three sales for 8 REEDS 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 South Norfolk local authority area for the corresponding sale date. All of the three 8 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
2021 30 MAR	£298,000	£362,785	18% below HPI
2018 26 OCT	£265,000	£344,384	23% below HPI
2013 28 JUN	£219,995	£237,217	7% below HPI

8 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 three 8 REEDS WAY sales between June 2013 and March 2021 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 2018 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the March 2021 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 8 REEDS WAY?

8 REEDS WAY is 106m² according to the EPC inspection conducted in June 2013. This puts it in the smallest 30% of detached houses in Loddon, based on EPC data. The below chart shows the distribution of detached houses by size in Loddon, and where 8 REEDS WAY lies on this distribution: 28% of detached houses are smaller than 8 REEDS WAY, and 71% of houses are larger. Note that EPC data is not available for all properties in Loddon.

8 REEDS WAY: Plot and Title Map

8 REEDS WAY sits on a plot of roughly 0.051 of an acre, or 207m². The below map shows the location of 8 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 8 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 8 REEDS WAY?

8 REEDS WAY is located in LODDON, in the NR14 postcode district. The below map shows the position of No. 8 on REEDS WAY.