REEDBANKS, HALL ROAD, BARTON TURF, NORWICH, NR12 8AR - £640,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

REEDBANKS is a midsized detached house of 179m², built sometime between 1983 and 1990. It was last sold for £640,000 in February 2020, which was around 82% above the average February 2020 detached price in the North Norfolk local authority area. The most recent EPC inspection was November 2017, where the current energy rating was E, and the potential energy rating was C.

REEDBANKS Sold Prices

Land registry data shows three sales for REEDBANKS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. All of the three REEDBANKS sales were for above 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
2020 18 FEB	£640,000	£352,503	82% above HPI
2002 22 OCT	£350,000	£159,668	119% above HPI
1998 24 JUL	£200,000	£84,538	137% above HPI

REEDBANKS Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Norfolk local authority area over time, sourced from the HPI. The three REEDBANKS sales between July 1998 and February 2020 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 2002 sale was for 119% above the HPI. So the extrapolation line tracks at 119% above the HPI over time, until the February 2020 sale, where it falls to 82% above the HPI. The line then continues to track at 82% above the HPI.

How Large is REEDBANKS?

REEDBANKS is 179m² according to the EPC inspection conducted in November 2017. This puts it in the largest 50% of detached houses in Neatishead, based on EPC data. The below chart shows the distribution of detached houses by size in Neatishead, and where REEDBANKS lies on this distribution: 50% of detached houses are smaller than REEDBANKS, and 50% of houses are larger. Note that EPC data is not available for all properties in Neatishead.

REEDBANKS: Plot and Title Map

REEDBANKS sits on a plot of roughly 0.705 of an acre, or 2,853m². The below map shows the location of REEDBANKS, 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 REEDBANKS). 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 REEDBANKS?

REEDBANKS is located on HALL ROAD in BARTON TURF, in the NR12 postcode district. The below map shows the position of REEDBANKS on HALL ROAD.