3, STATION DRIVE, REEDHAM, NORWICH, NR13 3JF - £230,500

3 STATION DRIVE is a small detached house of 94m², built sometime between 1991 and 1995. It was last sold for £230,500 in June 2016, which was around 25% below the average June 2016 detached price in the Broadland local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was C.

3 STATION DRIVE Sold Prices

Land registry data shows four sales for 3 STATION DRIVE 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 3 STATION DRIVE 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 17 JUN	£230,500	£307,659	25% below HPI
2007 17 AUG	£194,950	£258,761	25% below HPI
2004 7 MAY	£166,500	£199,753	17% below HPI
2002 10 JUL	£110,000	£160,832	32% below HPI

3 STATION DRIVE 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 3 STATION DRIVE sales between July 2002 and June 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 August 2007 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the June 2016 sale, which was also at 25% below the HPI.

How Large is 3 STATION DRIVE?

3 STATION DRIVE is 94m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 30% of detached houses in Reedham, based on EPC data. The below chart shows the distribution of detached houses by size in Reedham, and where 3 STATION DRIVE lies on this distribution: 23% of detached houses are smaller than 3 STATION DRIVE, and 77% of houses are larger. Note that EPC data is not available for all properties in Reedham.

3 STATION DRIVE: Plot and Title Map

3 STATION DRIVE sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 3 STATION DRIVE, 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 3 STATION DRIVE). 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 3 STATION DRIVE?

3 STATION DRIVE is located in REEDHAM, in the NR13 postcode district. The below map shows the position of No. 3 on STATION DRIVE.