14, GROVE AVENUE, NEW COSTESSEY, NORWICH, NR5 0HN - £460,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

14 GROVE AVENUE is a very large extended detached house of 212m², built sometime between 1967 and 1975. It was last sold for £460,000 in August 2022, which was around 11% above the average August 2022 detached price in the South Norfolk local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was B.

14 GROVE AVENUE Sold Prices

Land registry data shows four sales for 14 GROVE 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 South Norfolk local authority area for the corresponding sale date. Most of the four 14 GROVE 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 17 AUG	£460,000	£414,777	11% above HPI
2006 14 JUL	£155,000	£235,879	34% below HPI
2003 5 DEC	£129,000	£198,990	35% below HPI
1995 10 NOV	£35,000	£71,026	51% below HPI

14 GROVE 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 four 14 GROVE AVENUE sales between November 1995 and August 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 July 2006 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the August 2022 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 14 GROVE AVENUE?

14 GROVE AVENUE is 212m², which includes one extension, according to the EPC inspection conducted in April 2022. This puts it in the largest 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 14 GROVE AVENUE lies on this distribution: 96% of detached houses are smaller than 14 GROVE AVENUE, and 4% of houses are larger. Note that EPC data is not available for all properties in Norwich.

14 GROVE AVENUE: Plot and Title Map

14 GROVE AVENUE sits on a plot of roughly 0.114 of an acre, or 461m². The below map shows the location of 14 GROVE 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 14 GROVE 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 14 GROVE AVENUE?

14 GROVE AVENUE is located in NEW COSTESSEY, in the NR5 postcode district. The below map shows the position of No. 14 on GROVE AVENUE.