13, JOY AVENUE, NEWTON FLOTMAN, NORWICH, NR15 1RD - £319,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

13 JOY AVENUE is a very large extended detached house of 143m², built sometime between 1976 and 1982, which could now be worth an estimated £374,472. It was last sold for £319,000 in December 2020, which was around 15% below the average December 2020 detached price in the South Norfolk local authority area. The most recent EPC inspection was February 2017, where the current energy rating was C, and the potential energy rating was A.

13 JOY AVENUE Sold Prices

Land registry data shows three sales for 13 JOY AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. All of the three 13 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
2020 4 DEC	£319,000	£374,902	15% below HPI
2017 22 JUN	£285,000	£323,398	12% below HPI
2006 18 AUG	£164,950	£246,376	33% below HPI

13 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 three 13 JOY AVENUE sales between August 2006 and December 2020 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 June 2017 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the December 2020 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 13 JOY AVENUE be worth now?

13 JOY AVENUE might now be worth an estimated £374,472.

This is based on house price inflation of 17.4%, between December 2020 and February 2025, 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 17.4% inflationary increase is applied to the most recent sale price for 13 JOY AVENUE of £319,000 on 4th December 2020. For the value to have increased from £319,000 to £374,472 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 13 JOY AVENUE has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The December 2020 sale price of £319,000 represented a fair market value for the property.
• The size, condition, and specification of 13 JOY AVENUE has not materially changed since December 2020.

How Large is 13 JOY AVENUE?

13 JOY AVENUE is 143m², which includes one extension, according to the EPC inspection conducted in February 2017. This puts it in the largest 20% 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 13 JOY AVENUE lies on this distribution: 82% of detached houses houses are smaller than 13 JOY AVENUE, and 18% of houses are larger. Note that EPC data is not available for all properties in Newton Flotman.

13 JOY AVENUE: Plot and Title Map

13 JOY AVENUE sits on a plot of roughly 0.083 of an acre, or 334m². The below map shows the location of 13 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 13 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 13 JOY AVENUE?

13 JOY AVENUE is located in NEWTON FLOTMAN, in the NR15 postcode district. The below map shows the position of No. 13 on JOY AVENUE.