11, MARGETSON AVENUE, NORWICH, NR7 0DG - £465,000

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

11 MARGETSON AVENUE is a large extended detached house of 140m², built sometime between 1930 and 1949. It was last sold for £465,000 in July 2023, which was around 13% above the average July 2023 detached price in the Broadland local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was C.

11 MARGETSON AVENUE Sold Prices

Land registry data shows two sales for 11 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. One of the two 11 MARGETSON AVENUE sales was for above the average price, whilst the other was 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 7 JUL	£465,000	£410,136	13% above HPI
1996 27 SEP	£65,000	£73,511	12% below HPI

11 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 11 MARGETSON AVENUE sales from September 1996 and July 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 September 1996 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the July 2023 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 11 MARGETSON AVENUE?

11 MARGETSON AVENUE is 140m², which includes one extension, according to the EPC inspection conducted in January 2022. This puts it in the largest 30% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 11 MARGETSON AVENUE lies on this distribution: 75% of detached houses are smaller than 11 MARGETSON AVENUE, and 24% of houses are larger. Note that EPC data is not available for all properties in Norwich.

11 MARGETSON AVENUE: Plot and Title Map

11 MARGETSON AVENUE sits on a plot of roughly 0.121 of an acre, or 488m². The below map shows the location of 11 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 11 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 11 MARGETSON AVENUE?

11 MARGETSON AVENUE is located in NORWICH, in the NR7 postcode district. The below map shows the position of No. 11 on MARGETSON AVENUE.