12, JOY AVENUE, NEWTON FLOTMAN, NORWICH, NR15 1RD - £208,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

12 JOY AVENUE is a midsized detached house of 107m², built sometime between 1976 and 1982, which could now be worth an estimated £323,091. It was last sold for £208,500 in August 2014, which was around 25% below the average August 2014 detached price in the South Norfolk local authority area. The most recent EPC inspection was October 2009, where the current energy rating was C, and the potential energy rating was C.

12 JOY AVENUE Sold Prices

Land registry data shows two sales for 12 JOY 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 South Norfolk local authority area for the corresponding sale date. Both of the two 12 JOY 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
2014 29 AUG	£208,500	£278,381	25% below HPI
2010 8 MAR	£184,500	£231,953	20% below HPI

12 JOY AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The two 12 JOY AVENUE sales from March 2010 and August 2014 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 2010 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the August 2014 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 12 JOY AVENUE be worth now?

12 JOY AVENUE might now be worth an estimated £323,091.

This is based on house price inflation of 55%, between August 2014 and December 2024, for detached houses, in the South Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 55% inflationary increase is applied to the most recent sale price for 12 JOY AVENUE of £208,500 on 29th August 2014. For the value to have increased from £208,500 to £323,091 over the nine years and eight months to December 2024, the following assumptions must hold true:

• The value of 12 JOY AVENUE has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The August 2014 sale price of £208,500 represented a fair market value for the property.
• The size, condition, and specification of 12 JOY AVENUE has not materially changed since August 2014.

How Large is 12 JOY AVENUE?

12 JOY AVENUE is 107m² according to the EPC inspection conducted in October 2009. This puts it in the largest 50% of detached houses houses in Newton Flotman, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newton Flotman, and where 12 JOY AVENUE lies on this distribution: 50% of detached houses houses are smaller than 12 JOY AVENUE, and 50% of houses are larger. Note that EPC data is not available for all properties in Newton Flotman.

12 JOY AVENUE: Plot and Title Map

12 JOY AVENUE sits on a plot of roughly 0.126 of an acre, or 509m². The below map shows the location of 12 JOY 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 12 JOY 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 12 JOY AVENUE?

12 JOY AVENUE is located in NEWTON FLOTMAN, in the NR15 postcode district. The below map shows the position of No. 12 on JOY AVENUE.