JADAN, REEDHAM ROAD, ACLE, NORWICH, NR13 3DE - £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.

JADAN is a small extended detached house of 88m², built sometime between 1950 and 1966, which could now be worth an estimated £416,268. It was last sold for £235,000 in August 2011, which was around 2% below the average August 2011 detached price in the Broadland local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was D.

JADAN Sold Prices

Land registry data shows two sales for JADAN 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 JADAN 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 1 AUG	£235,000	£239,271	2% below HPI
1995 7 DEC	£57,500	£73,076	21% below HPI

JADAN 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 JADAN sales from December 1995 and August 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 December 1995 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the August 2011 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might JADAN be worth now?

JADAN might now be worth an estimated £416,268.

This is based on house price inflation of 77.1%, between August 2011 and May 2026, for detached houses, in the Broadland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 77.1% inflationary increase is applied to the most recent sale price for JADAN of £235,000 on 1st August 2011. For the value to have increased from £235,000 to £416,268 over the fifteen years and three months to May 2026, the following assumptions must hold true:

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

How Large is JADAN?

JADAN is 88m², which includes one extension, according to the EPC inspection conducted in May 2011. This puts it in the smallest 40% of detached houses in Acle, based on EPC data. The below chart shows the distribution of detached houses by size in Acle, and where JADAN lies on this distribution: 34% of detached houses are smaller than JADAN, and 64% of detached houses are larger. Note that EPC data is not available for all properties in Acle.