3, MERLIN AVENUE, NORWICH, NR7 8BY - £190,000

3 MERLIN AVENUE is a very small detached house of 60m², built sometime between 1950 and 1966. It was last sold for £190,000 in February 2016, which was around 37% below the average February 2016 detached price in the Broadland local authority area. The most recent EPC inspection was December 2014, where the current energy rating was D, and the potential energy rating was B.

3 MERLIN AVENUE Sold Prices

Land registry data shows three sales for 3 MERLIN AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. All of the three 3 MERLIN AVENUE 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 12 FEB	£190,000	£302,743	37% below HPI
2000 2 MAY	£73,000	£104,076	30% below HPI
1996 5 JUL	£45,950	£71,943	36% below HPI

3 MERLIN AVENUE 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 three 3 MERLIN AVENUE sales between July 1996 and February 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 May 2000 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the February 2016 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 3 MERLIN AVENUE?

3 MERLIN AVENUE is 60m² according to the EPC inspection conducted in December 2014. This puts it in the smallest 10% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 3 MERLIN AVENUE lies on this distribution: 3% of detached houses are smaller than 3 MERLIN AVENUE, and 96% of houses are larger. Note that EPC data is not available for all properties in Norwich.

3 MERLIN AVENUE: Plot and Title Map

3 MERLIN AVENUE sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 3 MERLIN AVENUE, 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 MERLIN AVENUE). 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 MERLIN AVENUE?

3 MERLIN AVENUE is located in NORWICH, in the NR7 postcode district. The below map shows the position of No. 3 on MERLIN AVENUE.