OLD COURT HOUSE, PARK LANE, REEPHAM, NORWICH, NR10 4JZ - £325,000

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

OLD COURT HOUSE is a midsized extended detached house of 122m², built sometime between 1900 and 1929. It was last sold for £325,000 in June 2021, which was around 10% below the average June 2021 detached price in the Broadland local authority area. The most recent EPC inspection was April 2022, where the current energy rating was E, and the potential energy rating was C.

OLD COURT HOUSE Sold Prices

Land registry data shows four sales for OLD COURT HOUSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. All of the four OLD COURT 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
2021 18 JUN	£325,000	£361,326	10% below HPI
2016 24 JUN	£300,000	£307,659	2% below HPI
2014 21 MAR	£245,000	£253,114	3% below HPI
2007 15 MAR	£167,500	£246,590	32% below HPI

OLD COURT 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 four OLD COURT HOUSE sales between March 2007 and June 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 June 2016 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the June 2021 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is OLD COURT HOUSE?

OLD COURT HOUSE is 122m², which includes two extensions, according to the EPC inspection conducted in April 2022. This puts it in the largest 50% of detached houses in Reepham, based on EPC data. The below chart shows the distribution of detached houses by size in Reepham, and where OLD COURT HOUSE lies on this distribution: 58% of detached houses are smaller than OLD COURT HOUSE, and 42% of houses are larger. Note that EPC data is not available for all properties in Reepham.

OLD COURT HOUSE: Plot and Title Map

OLD COURT HOUSE sits on a plot of roughly 0.087 of an acre, or 352m². The below map shows the location of OLD COURT 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 OLD COURT 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 OLD COURT HOUSE?

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