16, JOY AVENUE, NEWTON FLOTMAN, NORWICH, NR15 1RD - £267,500

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

16 JOY AVENUE is a small extended detached house of 89m², built sometime between 1976 and 1982, which could now be worth an estimated £344,517. It was last sold for £267,500 in January 2018, which was around 20% below the average January 2018 detached price in the South Norfolk local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was B.

16 JOY AVENUE Sold Prices

Land registry data shows two sales for 16 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 16 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
2018 18 JAN	£267,500	£334,943	20% below HPI
2009 3 JUL	£146,000	£222,081	34% below HPI

16 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 16 JOY AVENUE sales from July 2009 and January 2018 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 2009 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the January 2018 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 16 JOY AVENUE be worth now?

16 JOY AVENUE might now be worth an estimated £344,517.

This is based on house price inflation of 28.8%, between January 2018 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 28.8% inflationary increase is applied to the most recent sale price for 16 JOY AVENUE of £267,500 on 18th January 2018. For the value to have increased from £267,500 to £344,517 over the five years and one month to December 2024, the following assumptions must hold true:

• The value of 16 JOY AVENUE has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The January 2018 sale price of £267,500 represented a fair market value for the property.
• The size, condition, and specification of 16 JOY AVENUE has not materially changed since January 2018.

How Large is 16 JOY AVENUE?

16 JOY AVENUE is 89m², which includes one extension, according to the EPC inspection conducted in October 2017. This puts it in the smallest 30% 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 16 JOY AVENUE lies on this distribution: 23% of detached houses houses are smaller than 16 JOY AVENUE, and 76% of houses are larger. Note that EPC data is not available for all properties in Newton Flotman.

16 JOY AVENUE: Plot and Title Map

16 JOY AVENUE sits on a plot of roughly 0.102 of an acre, or 411m². The below map shows the location of 16 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 16 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 16 JOY AVENUE?

16 JOY AVENUE is located in NEWTON FLOTMAN, in the NR15 postcode district. The below map shows the position of No. 16 on JOY AVENUE.