7, ASHTREE CLOSE, REEPHAM, NORWICH, NR10 4FS - £325,000

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.

7 ASHTREE CLOSE is a very small detached house of 73m², built in 2022, which could now be worth an estimated £339,456. It was last sold for £325,000 in December 2023, which was around 20% below the average December 2023 detached price in the Broadland local authority area. The most recent EPC inspection was December 2022, where the current energy rating was B, and the potential energy rating was A.

7 ASHTREE CLOSE Sold Prices

Land registry data shows one sale for 7 ASHTREE CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Broadland local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2023 1 DEC	£325,000	£405,784	20% below HPI

What might 7 ASHTREE CLOSE be worth now?

7 ASHTREE CLOSE might now be worth an estimated £339,456.

This is based on house price inflation of 4.4%, between December 2023 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 4.4% inflationary increase is applied to the most recent sale price for 7 ASHTREE CLOSE of £325,000 on 1st December 2023. For the value to have increased from £325,000 to £339,456 over the three years and seven months to May 2026, the following assumptions must hold true:

• The value of 7 ASHTREE CLOSE has moved in line with the HPI for detached houses in the Broadland local authority area.
• The December 2023 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 7 ASHTREE CLOSE has not materially changed since December 2023.

How Large is 7 ASHTREE CLOSE?

7 ASHTREE CLOSE is 73m² according to the EPC inspection conducted in December 2022. This puts it in the smallest 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 7 ASHTREE CLOSE lies on this distribution: 15% of detached houses are smaller than 7 ASHTREE CLOSE, and 79% of detached houses are larger. Note that EPC data is not available for all properties in Reepham.

7 ASHTREE CLOSE: Plot

7 ASHTREE CLOSE sits on a plot of roughly 4.0 acres, or 16,054m².

Where is 7 ASHTREE CLOSE?

7 ASHTREE CLOSE is located in REEPHAM, in the NR10 postcode district.