LOW FARM, LOW FARM ROAD, REEDHAM, NORWICH, NR13 3HE - £380,000

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

LOW FARM is a large extended detached house of 147m², built sometime before 1900. It was last sold for £380,000 in December 2016, which was around 21% above the average December 2016 detached price in the Broadland local authority area. The most recent EPC inspection was July 2016, where the current energy rating was E, and the potential energy rating was C.

LOW FARM Sold Prices

Land registry data shows two sales for LOW FARM 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. One of the two LOW FARM sales was for above the average price, whilst the other was 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
2016 8 DEC	£380,000	£315,073	21% above HPI
2013 21 AUG	£183,000	£250,158	27% below HPI

LOW FARM 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 LOW FARM sales from August 2013 and December 2016 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 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the December 2016 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is LOW FARM?

LOW FARM is 147m², which includes two extensions, according to the EPC inspection conducted in July 2016. This puts it in the largest 40% of detached houses in Reedham, based on EPC data. The below chart shows the distribution of detached houses by size in Reedham, and where LOW FARM lies on this distribution: 64% of detached houses are smaller than LOW FARM, and 34% of houses are larger. Note that EPC data is not available for all properties in Reedham.

LOW FARM: Plot and Title Map

LOW FARM sits on a plot of roughly 0.282 of an acre, or 1,139m². The below map shows the location of LOW FARM, 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 LOW FARM). 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 LOW FARM?

LOW FARM is located on LOW FARM ROAD in REEDHAM, in the NR13 postcode district. The below map shows the position of LOW FARM on LOW FARM ROAD.