MARTINS WOOD, WHITWELL ROAD, REEPHAM, NORWICH, NR10 4JS - £250,000

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.

MARTINS WOOD is a midsized extended semi-detached house of 101m², built sometime between 1900 and 1929, which could now be worth an estimated £248,615. It was last sold for £250,000 in June 2023, which was around 6% below the average June 2023 semi-detached price in the Broadland local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was B.

MARTINS WOOD Sold Prices

Land registry data shows two sales for MARTINS WOOD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Broadland local authority area for the corresponding sale date. One of the two MARTINS WOOD sales was for below the average price, whilst the other was 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
2023 19 JUN	£250,000	£265,367	6% below HPI
1995 6 OCT	£65,000	£47,561	37% above HPI

MARTINS WOOD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Broadland local authority area over time, sourced from the HPI. The two MARTINS WOOD sales from October 1995 and June 2023 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 October 1995 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the June 2023 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might MARTINS WOOD be worth now?

MARTINS WOOD might now be worth an estimated £248,615.

This is based on house price deflation of 0.6%, between June 2023 and June 2025, for semi-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 0.6% deflationary decrease is applied to the most recent sale price for MARTINS WOOD of £250,000 on 19th June 2023. For the value to have decreased from £250,000 to £248,615 over the two years to June 2025, the following assumptions must hold true:

• The value of MARTINS WOOD has moved in line with the HPI for semi-detached houses in the Broadland local authority area.
• The June 2023 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of MARTINS WOOD has not materially changed since June 2023.

How Large is MARTINS WOOD?

MARTINS WOOD is 101m², which includes one extension, according to the EPC inspection conducted in April 2022. This puts it in the smallest 50% of semi-detached houses houses in Reepham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Reepham, and where MARTINS WOOD lies on this distribution: 46% of semi-detached houses houses are smaller than MARTINS WOOD, and 52% of houses are larger. Note that EPC data is not available for all properties in Reepham.

MARTINS WOOD: Plot and Title Map

MARTINS WOOD sits on a plot of roughly 0.088 of an acre, or 358m². The below map shows the location of MARTINS WOOD, 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 MARTINS WOOD). 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 MARTINS WOOD?

MARTINS WOOD is located on WHITWELL ROAD in REEPHAM, in the NR10 postcode district. The below map shows the position of MARTINS WOOD on WHITWELL ROAD.