RYEWILLOW, PEDHAM ROAD, HEMBLINGTON, NORWICH, NR13 4QA - £290,000

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

RYEWILLOW is a midsized detached house of 114m², built sometime between 1950 and 1966. It was last sold for £290,000 in January 2016, which was around 3% below the average January 2016 detached price in the Broadland local authority area. The most recent EPC inspection was April 2013, where the current energy rating was E, and the potential energy rating was B.

RYEWILLOW Sold Prices

Land registry data shows two sales for RYEWILLOW 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 RYEWILLOW 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
2016 13 JAN	£290,000	£298,964	3% below HPI
2001 23 JUL	£112,000	£129,818	14% below HPI

RYEWILLOW 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 RYEWILLOW sales from July 2001 and January 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 July 2001 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the January 2016 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is RYEWILLOW?

RYEWILLOW is 114m² according to the EPC inspection conducted in April 2013. This puts it in the largest 50% of detached houses in Blofield Heath, based on EPC data. The below chart shows the distribution of detached houses by size in Blofield Heath, and where RYEWILLOW lies on this distribution: 52% of detached houses are smaller than RYEWILLOW, and 47% of houses are larger. Note that EPC data is not available for all properties in Blofield Heath.

RYEWILLOW: Plot and Title Map

RYEWILLOW sits on a plot of roughly 0.164 of an acre, or 664m². The below map shows the location of RYEWILLOW, 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 RYEWILLOW). 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 RYEWILLOW?

RYEWILLOW is located on PEDHAM ROAD in HEMBLINGTON, in the NR13 postcode district. The below map shows the position of RYEWILLOW on PEDHAM ROAD.