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 WELLESLEY AVENUE SOUTH is a very large extended detached house of 195m², built sometime between 1967 and 1975. It was last sold for £523,000 in October 2020, which was around 34% above the average October 2020 detached price in the Norwich local authority area. The most recent EPC inspection was August 2024, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 176 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 176 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 |
---|---|---|---|
2020 16 OCT | £523,000 | £391,559 | 34% above HPI |
2014 25 SEP | £440,000 | £309,711 | 42% 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 176 WELLESLEY AVENUE SOUTH sales from September 2014 and October 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 September 2014 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the October 2020 sale, where it falls to 34% above the HPI. The line then continues to track at 34% above the HPI.
176 WELLESLEY AVENUE SOUTH is 195m², which includes two extensions, according to the EPC inspection conducted in August 2024. 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 176 WELLESLEY AVENUE SOUTH lies on this distribution: 94% of detached houses are smaller than 176 WELLESLEY AVENUE SOUTH, and 6% of houses are larger. Note that EPC data is not available for all properties in Norwich.
176 WELLESLEY AVENUE SOUTH sits on a plot of roughly 0.130 of an acre, or 525m². The below map shows the location of 176 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 176 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.
176 WELLESLEY AVENUE SOUTH is located in NORWICH, in the NR1 postcode district. The below map shows the position of No. 176 on WELLESLEY AVENUE SOUTH.