Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
168 WELLESLEY AVENUE SOUTH is a very large extended detached house of 148m², built sometime between 1967 and 1975. It was last sold for £400,000 in March 2013, which was around 53% above the average March 2013 detached price in the Norwich local authority area. The most recent EPC inspection was August 2023, where the current energy rating was B, and the potential energy rating was B.
Land registry data shows two sales for 168 WELLESLEY AVENUE SOUTH since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Norwich local authority area for the corresponding sale date. Both of the two 168 WELLESLEY AVENUE SOUTH sales were for above 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 |
---|---|---|---|
2013 1 MAR | £400,000 | £261,889 | 53% above HPI |
2005 6 OCT | £435,000 | £235,141 | 85% above HPI |
The below graph shows the average detached house price in the Norwich local authority area over time, sourced from the HPI. The two 168 WELLESLEY AVENUE SOUTH sales from October 2005 and March 2013 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 October 2005 sale was for 85% above the HPI. So the extrapolation line tracks at 85% above the HPI over time, until the March 2013 sale, where it falls to 53% above the HPI. The line then continues to track at 53% above the HPI.
168 WELLESLEY AVENUE SOUTH is 148m², which includes one extension, according to the EPC inspection conducted in August 2023. This puts it in the largest 20% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 168 WELLESLEY AVENUE SOUTH lies on this distribution: 81% of detached houses are smaller than 168 WELLESLEY AVENUE SOUTH, and 19% of houses are larger. Note that EPC data is not available for all properties in Norwich.
168 WELLESLEY AVENUE SOUTH sits on a plot of roughly 0.264 of an acre, or 1,068m². The below map shows the location of 168 WELLESLEY AVENUE SOUTH, 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 168 WELLESLEY AVENUE SOUTH). 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.
168 WELLESLEY AVENUE SOUTH is located in NORWICH, in the NR1 postcode district. The below map shows the position of No. 168 on WELLESLEY AVENUE SOUTH.