6, BROAD REACHES, LUDHAM, GREAT YARMOUTH, NR29 5PD - £235,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

6 BROAD REACHES is a midsized detached house of 101m², built sometime between 1967 and 1975, which could now be worth an estimated £392,763. It was last sold for £235,000 in July 2011, which was around 4% below the average July 2011 detached price in the North Norfolk local authority area. The most recent EPC inspection was February 2010, where the current energy rating was E, and the potential energy rating was C.

6 BROAD REACHES Sold Prices

Land registry data shows three sales for 6 BROAD REACHES 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 6 BROAD REACHES 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
2011 13 JUL	£235,000	£244,668	4% below HPI
2005 15 MAR	£160,000	£199,348	20% below HPI
1999 2 JUL	£65,500	£85,583	23% below HPI

6 BROAD REACHES 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 6 BROAD REACHES sales between July 1999 and July 2011 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 March 2005 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the July 2011 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 6 BROAD REACHES be worth now?

6 BROAD REACHES might now be worth an estimated £392,763.

This is based on house price inflation of 67.1%, between July 2011 and March 2026, for detached houses, in the North Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 67.1% inflationary increase is applied to the most recent sale price for 6 BROAD REACHES of £235,000 on 13th July 2011. For the value to have increased from £235,000 to £392,763 over the fifteen years and four months to March 2026, the following assumptions must hold true:

• The value of 6 BROAD REACHES has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The July 2011 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 6 BROAD REACHES has not materially changed since July 2011.

How Large is 6 BROAD REACHES?

6 BROAD REACHES is 101m² according to the EPC inspection conducted in February 2010. This puts it in the smallest 50% of detached houses houses in Ludham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ludham, and where 6 BROAD REACHES lies on this distribution: 42% of detached houses houses are smaller than 6 BROAD REACHES, and 58% of houses are larger. Note that EPC data is not available for all properties in Ludham.

6 BROAD REACHES: Plot and Title Map

6 BROAD REACHES sits on a plot of roughly 0.185 of an acre, or 747m². The below map shows the location of 6 BROAD REACHES, 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 6 BROAD REACHES). 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 6 BROAD REACHES?

6 BROAD REACHES is located in LUDHAM, in the NR29 postcode district. The below map shows the position of No. 6 on BROAD REACHES.