OAKWOOD, CHURCH STREET, REEPHAM, NORWICH, NR10 4JW - £223,000

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.

OAKWOOD is a midsized extended detached house of 120m², built sometime before 1900, which could now be worth an estimated £360,831. It was last sold for £223,000 in October 2007, which was around 15% below the average October 2007 detached price in the Broadland local authority area. The most recent EPC inspection was January 2023, where the current energy rating was E, and the potential energy rating was C.

OAKWOOD Sold Prices

Land registry data shows two sales for OAKWOOD 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 OAKWOOD 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
2007 23 OCT	£223,000	£261,759	15% below HPI
2002 30 AUG	£125,000	£168,796	26% below HPI

OAKWOOD 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 OAKWOOD sales from August 2002 and October 2007 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 2002 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the October 2007 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might OAKWOOD be worth now?

OAKWOOD might now be worth an estimated £360,831.

This is based on house price inflation of 61.8%, between October 2007 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 61.8% inflationary increase is applied to the most recent sale price for OAKWOOD of £223,000 on 23rd October 2007. For the value to have increased from £223,000 to £360,831 over the eighteen years and eight months to February 2025, the following assumptions must hold true:

• The value of OAKWOOD has moved in line with the HPI for detached houses in the Broadland local authority area.
• The October 2007 sale price of £223,000 represented a fair market value for the property.
• The size, condition, and specification of OAKWOOD has not materially changed since October 2007.

How Large is OAKWOOD?

OAKWOOD is 120m², which includes three extensions, according to the EPC inspection conducted in January 2023. This puts it in the largest 50% 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 OAKWOOD lies on this distribution: 59% of detached houses houses are smaller than OAKWOOD, and 41% of houses are larger. Note that EPC data is not available for all properties in Reepham.

OAKWOOD: Plot and Title Map

OAKWOOD sits on a plot of roughly 0.031 of an acre, or 125m². The below map shows the location of OAKWOOD, 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 OAKWOOD). 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 OAKWOOD?

OAKWOOD is located on CHURCH STREET in REEPHAM, in the NR10 postcode district. The below map shows the position of OAKWOOD on CHURCH STREET.