10, MARGETSON AVENUE, NORWICH, NR7 0DG - £323,675

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

10 MARGETSON AVENUE is a very small detached house of 57m², built sometime between 1950 and 1966. It was last sold for £323,675 in April 2022, which was around 20% below the average April 2022 detached price in the Broadland local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was B.

10 MARGETSON AVENUE Sold Prices

Land registry data shows two sales for 10 MARGETSON 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 10 MARGETSON 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
2022 8 APR	£323,675	£404,851	20% below HPI
2003 6 NOV	£132,000	£194,990	32% below HPI

10 MARGETSON 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 10 MARGETSON AVENUE sales from November 2003 and April 2022 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 November 2003 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the April 2022 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 10 MARGETSON AVENUE?

10 MARGETSON AVENUE is 57m² according to the EPC inspection conducted in February 2022. 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 10 MARGETSON AVENUE lies on this distribution: 2% of detached houses are smaller than 10 MARGETSON AVENUE, and 98% of houses are larger. Note that EPC data is not available for all properties in Norwich.

10 MARGETSON AVENUE: Plot and Title Map

10 MARGETSON AVENUE sits on a plot of roughly 0.114 of an acre, or 462m². The below map shows the location of 10 MARGETSON 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 10 MARGETSON 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 10 MARGETSON AVENUE?

10 MARGETSON AVENUE is located in NORWICH, in the NR7 postcode district. The below map shows the position of No. 10 on MARGETSON AVENUE.