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

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 GRAVES AVENUE is a midsized detached house of 117m², built in 2020. It was last sold for £382,000 in February 2023, which was around 9% 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	£421,605	9% below HPI
2022 11 MAR	£360,000	£405,618	11% 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 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the February 2023 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

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 in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 1 GRAVES AVENUE lies on this distribution: 60% of detached houses are smaller than 1 GRAVES AVENUE, and 39% 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.