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
171 WELLESLEY AVENUE SOUTH is a very large extended detached house of 204m², built sometime between 1900 and 1929. It was last sold for £490,000 in January 2011, which was around 91% above the average January 2011 detached price in the Norwich local authority area. The most recent EPC inspection was August 2010, where the current energy rating was D, and the potential energy rating was D.
Land registry data shows two sales for 171 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 171 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 |
---|---|---|---|
2011 14 JAN | £490,000 | £256,499 | 91% above HPI |
2002 12 JUL | £370,250 | £180,155 | 106% 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 171 WELLESLEY AVENUE SOUTH sales from July 2002 and January 2011 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 2002 sale was for 106% above the HPI. So the extrapolation line tracks at 106% above the HPI over time, until the January 2011 sale, where it falls to 91% above the HPI. The line then continues to track at 91% above the HPI.
171 WELLESLEY AVENUE SOUTH is 204m², which includes one extension, according to the EPC inspection conducted in August 2010. This puts it in the largest 10% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 171 WELLESLEY AVENUE SOUTH lies on this distribution: 95% of detached houses are smaller than 171 WELLESLEY AVENUE SOUTH, and 5% of houses are larger. Note that EPC data is not available for all properties in Norwich.
171 WELLESLEY AVENUE SOUTH sits on a plot of roughly 0.194 of an acre, or 783m². The below map shows the location of 171 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 171 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.
171 WELLESLEY AVENUE SOUTH is located in NORWICH, in the NR1 postcode district. The below map shows the position of No. 171 on WELLESLEY AVENUE SOUTH.