11, THE AVENUE, HORNING, NORWICH, NR12 8LR - £450,000

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 THE AVENUE is a midsized extended detached house of 119m², built sometime between 1950 and 1966. It was last sold for £450,000 in November 2021, which was around 13% above the average November 2021 detached price in the North Norfolk local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was B.

11 THE AVENUE Sold Prices

Land registry data shows four sales for 11 THE AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. Most of the four 11 THE AVENUE sales were for above 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
2021 22 NOV	£450,000	£398,854	13% above HPI
2013 6 DEC	£228,000	£249,097	8% below HPI
2003 14 NOV	£220,000	£186,412	18% above HPI
2000 24 MAR	£139,000	£96,687	44% above HPI

11 THE AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Norfolk local authority area over time, sourced from the HPI. The four 11 THE AVENUE sales between March 2000 and November 2021 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 December 2013 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the November 2021 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 11 THE AVENUE?

11 THE AVENUE is 119m², which includes two extensions, according to the EPC inspection conducted in August 2021. This puts it in the largest 50% of detached houses in Horning, based on EPC data. The below chart shows the distribution of detached houses by size in Horning, and where 11 THE AVENUE lies on this distribution: 49% of detached houses are smaller than 11 THE AVENUE, and 50% of houses are larger. Note that EPC data is not available for all properties in Horning.

11 THE AVENUE: Plot and Title Map

11 THE AVENUE sits on a plot of roughly 0.234 of an acre, or 946m². The below map shows the location of 11 THE 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 THE 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 THE AVENUE?

11 THE AVENUE is located in HORNING, in the NR12 postcode district. The below map shows the position of No. 11 on THE AVENUE.