174, WELLESLEY AVENUE SOUTH, NORWICH, NR1 4AD - £492,500

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.

174 WELLESLEY AVENUE SOUTH is a midsized extended detached house of 106m², built sometime between 1950 and 1966, which could now be worth an estimated £480,181. It was last sold for £492,500 in October 2024, which was around 4% above the average October 2024 detached price in the Norwich local authority area. The most recent EPC inspection was November 2020, where the current energy rating was E, and the potential energy rating was C.

174 WELLESLEY AVENUE SOUTH Sold Prices

Land registry data shows two sales for 174 WELLESLEY AVENUE SOUTH since 1^st 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. One of the two 174 WELLESLEY AVENUE SOUTH sales was for above the average price, whilst the other was 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
2024 25 OCT	£492,500	£473,934	4% above HPI
2021 24 MAY	£395,000	£407,968	3% below HPI

174 WELLESLEY AVENUE SOUTH Price Paid vs. HPI Average

The below graph shows the average detached house price in the Norwich local authority area over time, sourced from the HPI. The two 174 WELLESLEY AVENUE SOUTH sales from May 2021 and October 2024 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 May 2021 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the October 2024 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 174 WELLESLEY AVENUE SOUTH be worth now?

174 WELLESLEY AVENUE SOUTH might now be worth an estimated £480,181.

This is based on house price deflation of 2.5%, between October 2024 and February 2025, for detached houses, in the Norwich local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.5% deflationary decrease is applied to the most recent sale price for 174 WELLESLEY AVENUE SOUTH of £492,500 on 25th October 2024. For the value to have decreased from £492,500 to £480,181 over the one year and eight months to February 2025, the following assumptions must hold true:

• The value of 174 WELLESLEY AVENUE SOUTH has moved in line with the HPI for detached houses in the Norwich local authority area.
• The October 2024 sale price of £492,500 represented a fair market value for the property.
• The size, condition, and specification of 174 WELLESLEY AVENUE SOUTH has not materially changed since October 2024.

How Large is 174 WELLESLEY AVENUE SOUTH?

174 WELLESLEY AVENUE SOUTH is 106m², which includes two extensions, according to the EPC inspection conducted in November 2020. This puts it in the smallest 50% 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 174 WELLESLEY AVENUE SOUTH lies on this distribution: 46% of detached houses houses are smaller than 174 WELLESLEY AVENUE SOUTH, and 53% of houses are larger. Note that EPC data is not available for all properties in Norwich.

174 WELLESLEY AVENUE SOUTH: Plot and Title Map

174 WELLESLEY AVENUE SOUTH sits on a plot of roughly 0.121 of an acre, or 488m². The below map shows the location of 174 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 174 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.

Where is 174 WELLESLEY AVENUE SOUTH?

174 WELLESLEY AVENUE SOUTH is located in NORWICH, in the NR1 postcode district. The below map shows the position of No. 174 on WELLESLEY AVENUE SOUTH.