GROSVENOR HOUSE, PARK LANE, REEPHAM, NORWICH, NR10 4JZ - £290,000

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.

GROSVENOR HOUSE is a small detached house of 91m², built sometime between 1900 and 1929, which could now be worth an estimated £365,817. It was last sold for £290,000 in June 2018, which was around 14% below the average June 2018 detached price in the Broadland local authority area. The most recent EPC inspection was July 2013, where the current energy rating was G, and the potential energy rating was D.

GROSVENOR HOUSE Sold Prices

Land registry data shows two sales for GROSVENOR HOUSE 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 GROSVENOR HOUSE 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
2018 15 JUN	£290,000	£335,764	14% below HPI
2013 6 DEC	£190,000	£248,820	24% below HPI

GROSVENOR HOUSE 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 GROSVENOR HOUSE sales from December 2013 and June 2018 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 December 2013 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the June 2018 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might GROSVENOR HOUSE be worth now?

GROSVENOR HOUSE might now be worth an estimated £365,817.

This is based on house price inflation of 26.1%, between June 2018 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 26.1% inflationary increase is applied to the most recent sale price for GROSVENOR HOUSE of £290,000 on 15th June 2018. For the value to have increased from £290,000 to £365,817 over the seven years and four months to February 2025, the following assumptions must hold true:

• The value of GROSVENOR HOUSE has moved in line with the HPI for detached houses in the Broadland local authority area.
• The June 2018 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of GROSVENOR HOUSE has not materially changed since June 2018.

How Large is GROSVENOR HOUSE?

GROSVENOR HOUSE is 91m² according to the EPC inspection conducted in July 2013. 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 GROSVENOR HOUSE lies on this distribution: 37% of detached houses houses are smaller than GROSVENOR HOUSE, and 62% of houses are larger. Note that EPC data is not available for all properties in Reepham.

GROSVENOR HOUSE: Plot and Title Map

GROSVENOR HOUSE sits on a plot of roughly 0.184 of an acre, or 745m². The below map shows the location of GROSVENOR HOUSE, 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 GROSVENOR HOUSE). 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 GROSVENOR HOUSE?

GROSVENOR HOUSE is located on PARK LANE in REEPHAM, in the NR10 postcode district. The below map shows the position of GROSVENOR HOUSE on PARK LANE.