1, GRAVES AVENUE, NORWICH, NR6 7FG - £382,000

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.

1 GRAVES AVENUE is a midsized detached house of 117m², built in 2020, which could now be worth an estimated £379,950. It was last sold for £382,000 in February 2023, which was around 10% below the average February 2023 detached price in the Broadland local authority area. The most recent EPC inspection was February 2022, where the current energy rating was B, and the potential energy rating was A.

1 GRAVES AVENUE Sold Prices

Land registry data shows two sales for 1 GRAVES AVENUE 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 1 GRAVES 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
2023 24 FEB	£382,000	£425,831	10% below HPI
2022 11 MAR	£360,000	£409,683	12% below HPI

1 GRAVES 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 two 1 GRAVES AVENUE sales from March 2022 and February 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 March 2022 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the February 2023 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 1 GRAVES AVENUE be worth now?

1 GRAVES AVENUE might now be worth an estimated £379,950.

This is based on house price deflation of 0.5%, between February 2023 and February 2025, 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 0.5% deflationary decrease is applied to the most recent sale price for 1 GRAVES AVENUE of £382,000 on 24th February 2023. For the value to have decreased from £382,000 to £379,950 over the two years to February 2025, the following assumptions must hold true:

• The value of 1 GRAVES AVENUE has moved in line with the HPI for detached houses in the Broadland local authority area.
• The February 2023 sale price of £382,000 represented a fair market value for the property.
• The size, condition, and specification of 1 GRAVES AVENUE has not materially changed since February 2023.

How Large is 1 GRAVES AVENUE?

1 GRAVES AVENUE is 117m² according to the EPC inspection conducted in February 2022. This puts it in the largest 40% of detached houses houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses houses by size in Norwich, and where 1 GRAVES AVENUE lies on this distribution: 59% of detached houses houses are smaller than 1 GRAVES AVENUE, and 40% of houses are larger. Note that EPC data is not available for all properties in Norwich.

1 GRAVES AVENUE: Plot and Title Map

1 GRAVES AVENUE sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of 1 GRAVES 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 1 GRAVES 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 1 GRAVES AVENUE?

1 GRAVES AVENUE is located in NORWICH, in the NR6 postcode district. The below map shows the position of No. 1 on GRAVES AVENUE.