1, NORTH PARK AVENUE, NORWICH, NR4 7EE - £182,500

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 NORTH PARK AVENUE is a very small detached house of 78m², built sometime between 1950 and 1966. It was last sold for £182,500 in March 2012, which was around 29% below the average March 2012 detached price in the Norwich local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was D.

1 NORTH PARK AVENUE Sold Prices

Land registry data shows two sales for 1 NORTH PARK 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 Norwich local authority area for the corresponding sale date. Both of the two 1 NORTH PARK 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
2012 23 MAR	£182,500	£256,578	29% below HPI
1995 28 JUL	£60,000	£75,834	21% below HPI

1 NORTH PARK AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Norwich local authority area over time, sourced from the HPI. The two 1 NORTH PARK AVENUE sales from July 1995 and March 2012 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 July 1995 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the March 2012 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 1 NORTH PARK AVENUE?

1 NORTH PARK AVENUE is 78m² according to the EPC inspection conducted in June 2011. This puts it in the smallest 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 1 NORTH PARK AVENUE lies on this distribution: 17% of detached houses are smaller than 1 NORTH PARK AVENUE, and 83% of houses are larger. Note that EPC data is not available for all properties in Norwich.

1 NORTH PARK AVENUE: Plot and Title Map

1 NORTH PARK AVENUE sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of 1 NORTH PARK 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 NORTH PARK 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 NORTH PARK AVENUE?

1 NORTH PARK AVENUE is located in NORWICH, in the NR4 postcode district. The below map shows the position of No. 1 on NORTH PARK AVENUE.