176, CHESTNUT AVENUE, SPIXWORTH, NORWICH, NR10 3QJ - £185,000

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

176 CHESTNUT AVENUE is a small detached house of 80m², built sometime between 1983 and 1990. It was last sold for £185,000 in November 2020, which was around 48% below the average November 2020 detached price in the Broadland local authority area. The most recent EPC inspection was October 2014, where the current energy rating was B, and the potential energy rating was B.

176 CHESTNUT AVENUE Sold Prices

Land registry data shows two sales for 176 CHESTNUT 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 Broadland local authority area for the corresponding sale date. Both of the two 176 CHESTNUT 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
2020 23 NOV	£185,000	£358,956	48% below HPI
1997 28 FEB	£42,950	£75,706	43% below HPI

176 CHESTNUT 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 two 176 CHESTNUT AVENUE sales from February 1997 and November 2020 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 February 1997 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the November 2020 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is 176 CHESTNUT AVENUE?

176 CHESTNUT AVENUE is 80m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 30% of detached houses in Spixworth, based on EPC data. The below chart shows the distribution of detached houses by size in Spixworth, and where 176 CHESTNUT AVENUE lies on this distribution: 29% of detached houses are smaller than 176 CHESTNUT AVENUE, and 70% of houses are larger. Note that EPC data is not available for all properties in Spixworth.

176 CHESTNUT AVENUE: Plot and Title Map

176 CHESTNUT AVENUE sits on a plot of roughly 0.043 of an acre, or 175m². The below map shows the location of 176 CHESTNUT 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 176 CHESTNUT 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 176 CHESTNUT AVENUE?

176 CHESTNUT AVENUE is located in SPIXWORTH, in the NR10 postcode district. The below map shows the position of No. 176 on CHESTNUT AVENUE.