38, GROVE AVENUE, NEW COSTESSEY, NORWICH, NR5 0HW - £298,000

38 GROVE AVENUE is a very large extended detached house of 172m², built sometime between 1930 and 1949. It was last sold for £298,000 in July 2017, which was around 7% below the average July 2017 detached price in the South Norfolk local authority area. The most recent EPC inspection was July 2010, where the current energy rating was D, and the potential energy rating was D.

38 GROVE AVENUE Sold Prices

Land registry data shows four sales for 38 GROVE AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. two of the four 38 GROVE AVENUE sales were for below the average price, and four were 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
2017 11 JUL	£298,000	£318,977	7% below HPI
2015 16 JUN	£282,500	£269,898	5% above HPI
2012 16 FEB	£249,950	£229,943	9% above HPI
1998 19 FEB	£72,000	£83,757	14% below HPI

38 GROVE AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The four 38 GROVE AVENUE sales between February 1998 and July 2017 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 June 2015 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the July 2017 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 38 GROVE AVENUE?

38 GROVE AVENUE is 172m², which includes one extension, according to the EPC inspection conducted in July 2010. This puts it in the largest 20% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 38 GROVE AVENUE lies on this distribution: 90% of detached houses are smaller than 38 GROVE AVENUE, and 10% of houses are larger. Note that EPC data is not available for all properties in Norwich.

38 GROVE AVENUE: Plot and Title Map

38 GROVE AVENUE sits on a plot of roughly 0.097 of an acre, or 392m². The below map shows the location of 38 GROVE 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 38 GROVE 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 38 GROVE AVENUE?

38 GROVE AVENUE is located in NEW COSTESSEY, in the NR5 postcode district. The below map shows the position of No. 38 on GROVE AVENUE.