17, VARVEL AVENUE, NORWICH, NR7 8PH - £303,500

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.

17 VARVEL AVENUE is a very small detached house of 74m², built sometime between 1950 and 1966, which could now be worth an estimated £313,770. It was last sold for £303,500 in March 2022, which was around 26% below the average March 2022 detached price in the Broadland local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was B.

17 VARVEL AVENUE Sold Prices

Land registry data shows four sales for 17 VARVEL 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 Broadland local authority area for the corresponding sale date. All of the four 17 VARVEL 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 11 MAR	£303,500	£409,683	26% below HPI
2019 3 JAN	£230,000	£353,311	35% below HPI
2006 24 NOV	£196,000	£246,357	20% below HPI
2006 12 APR	£152,000	£225,677	33% below HPI

17 VARVEL 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 four 17 VARVEL AVENUE sales between April 2006 and March 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 January 2019 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the March 2022 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 17 VARVEL AVENUE be worth now?

17 VARVEL AVENUE might now be worth an estimated £313,770.

This is based on house price inflation of 3.4%, between March 2022 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 3.4% inflationary increase is applied to the most recent sale price for 17 VARVEL AVENUE of £303,500 on 11th March 2022. For the value to have increased from £303,500 to £313,770 over the three years and one month to February 2025, the following assumptions must hold true:

• The value of 17 VARVEL AVENUE has moved in line with the HPI for detached houses in the Broadland local authority area.
• The March 2022 sale price of £303,500 represented a fair market value for the property.
• The size, condition, and specification of 17 VARVEL AVENUE has not materially changed since March 2022.

How Large is 17 VARVEL AVENUE?

17 VARVEL AVENUE is 74m² according to the EPC inspection conducted in October 2018. This puts it in the smallest 20% 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 17 VARVEL AVENUE lies on this distribution: 12% of detached houses houses are smaller than 17 VARVEL AVENUE, and 87% of houses are larger. Note that EPC data is not available for all properties in Norwich.

17 VARVEL AVENUE: Plot and Title Map

17 VARVEL AVENUE sits on a plot of roughly 0.098 of an acre, or 397m². The below map shows the location of 17 VARVEL 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 17 VARVEL 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 17 VARVEL AVENUE?

17 VARVEL AVENUE is located in NORWICH, in the NR7 postcode district. The below map shows the position of No. 17 on VARVEL AVENUE.