16, MYRTLE AVENUE, COSTESSEY, NORWICH, NR8 5DA - £365,000

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

16 MYRTLE AVENUE is a small detached house of 107m², built sometime between 1950 and 1966. It was last sold for £365,000 in September 2021, which was around 2% below the average September 2021 detached price in the South Norfolk local authority area. The most recent EPC inspection was September 2013, where the current energy rating was E, and the potential energy rating was B.

16 MYRTLE AVENUE Sold Prices

Land registry data shows two sales for 16 MYRTLE 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 MYRTLE 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 17 SEP	£365,000	£372,414	2% below HPI
2013 4 NOV	£212,500	£247,142	14% below HPI

16 MYRTLE 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 MYRTLE AVENUE sales from November 2013 and September 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 November 2013 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the September 2021 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 16 MYRTLE AVENUE?

16 MYRTLE AVENUE is 107m² according to the EPC inspection conducted in September 2013. This puts it in the smallest 30% of detached houses in Costessey, based on EPC data. The below chart shows the distribution of detached houses by size in Costessey, and where 16 MYRTLE AVENUE lies on this distribution: 25% of detached houses are smaller than 16 MYRTLE AVENUE, and 71% of houses are larger. Note that EPC data is not available for all properties in Costessey.

16 MYRTLE AVENUE: Plot and Title Map

16 MYRTLE AVENUE sits on a plot of roughly 0.118 of an acre, or 476m². The below map shows the location of 16 MYRTLE 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 MYRTLE 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 MYRTLE AVENUE?

16 MYRTLE AVENUE is located in COSTESSEY, in the NR8 postcode district. The below map shows the position of No. 16 on MYRTLE AVENUE.