15, MOUNTFIELD AVENUE, NORWICH, NR6 5HW - £280,000

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.

15 MOUNTFIELD AVENUE is a small extended detached house of 83m², built sometime between 1930 and 1949, which could now be worth an estimated £326,019. It was last sold for £280,000 in February 2021, which was around 23% below the average February 2021 detached price in the Broadland local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

15 MOUNTFIELD AVENUE Sold Prices

Land registry data shows three sales for 15 MOUNTFIELD 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 Broadland local authority area for the corresponding sale date. All of the three 15 MOUNTFIELD 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
2021 18 FEB	£280,000	£363,761	23% below HPI
2014 31 JAN	£183,000	£250,650	27% below HPI
2004 19 NOV	£160,000	£218,937	27% below HPI

15 MOUNTFIELD 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 three 15 MOUNTFIELD AVENUE sales between November 2004 and February 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 January 2014 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the February 2021 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 15 MOUNTFIELD AVENUE be worth now?

15 MOUNTFIELD AVENUE might now be worth an estimated £326,019.

This is based on house price inflation of 16.4%, between February 2021 and February 2025, for detached houses, in the Broadland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.4% inflationary increase is applied to the most recent sale price for 15 MOUNTFIELD AVENUE of £280,000 on 18th February 2021. For the value to have increased from £280,000 to £326,019 over the four years to February 2025, the following assumptions must hold true:

• The value of 15 MOUNTFIELD AVENUE has moved in line with the HPI for detached houses in the Broadland local authority area.
• The February 2021 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 15 MOUNTFIELD AVENUE has not materially changed since February 2021.

How Large is 15 MOUNTFIELD AVENUE?

15 MOUNTFIELD AVENUE is 83m², which includes two extensions, according to the EPC inspection conducted in September 2020. This puts it in the smallest 30% of detached houses houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses houses by size in Norwich, and where 15 MOUNTFIELD AVENUE lies on this distribution: 21% of detached houses houses are smaller than 15 MOUNTFIELD AVENUE, and 78% of houses are larger. Note that EPC data is not available for all properties in Norwich.

15 MOUNTFIELD AVENUE: Plot and Title Map

15 MOUNTFIELD AVENUE sits on a plot of roughly 0.123 of an acre, or 497m². The below map shows the location of 15 MOUNTFIELD 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 15 MOUNTFIELD 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 15 MOUNTFIELD AVENUE?

15 MOUNTFIELD AVENUE is located in NORWICH, in the NR6 postcode district. The below map shows the position of No. 15 on MOUNTFIELD AVENUE.