THE OLD ORCHARD, RUDDS LANE, REEPHAM, NORWICH, NR10 4ST - £470,000

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

THE OLD ORCHARD is a very large extended detached house of 169m², built sometime between 1976 and 1982. It was last sold for £470,000 in October 2022, which was around 10% above the average October 2022 detached price in the Broadland local authority area. The most recent EPC inspection was December 2014, where the current energy rating was D, and the potential energy rating was C.

THE OLD ORCHARD Sold Prices

Land registry data shows two sales for THE OLD ORCHARD 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 THE OLD ORCHARD 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
2022 12 OCT	£470,000	£425,623	10% above HPI
2006 13 DEC	£290,500	£244,135	19% above HPI

THE OLD ORCHARD 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 THE OLD ORCHARD sales from December 2006 and October 2022 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 December 2006 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the October 2022 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is THE OLD ORCHARD?

THE OLD ORCHARD is 169m², which includes one extension, according to the EPC inspection conducted in December 2014. This puts it in the largest 20% of detached houses in Reepham, based on EPC data. The below chart shows the distribution of detached houses by size in Reepham, and where THE OLD ORCHARD lies on this distribution: 85% of detached houses are smaller than THE OLD ORCHARD, and 15% of houses are larger. Note that EPC data is not available for all properties in Reepham.

THE OLD ORCHARD: Plot and Title Map

THE OLD ORCHARD sits on a plot of roughly 0.246 of an acre, or 995m². The below map shows the location of THE OLD ORCHARD, 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 THE OLD ORCHARD). 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 THE OLD ORCHARD?

THE OLD ORCHARD is located on RUDDS LANE in REEPHAM, in the NR10 postcode district. The below map shows the position of THE OLD ORCHARD on RUDDS LANE.