18, MARGETSON AVENUE, NORWICH, NR7 0DG - £265,000

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

18 MARGETSON AVENUE is a midsized extended detached house of 106m², built sometime between 1930 and 1949. It was last sold for £265,000 in August 2010, which was around 8% above the average August 2010 detached price in the Broadland local authority area. The most recent EPC inspection was November 2009, where the current energy rating was D, and the potential energy rating was C.

18 MARGETSON AVENUE Sold Prices

Land registry data shows two sales for 18 MARGETSON 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. One of the two 18 MARGETSON AVENUE 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
2010 25 AUG	£265,000	£244,705	8% above HPI
1999 28 MAY	£45,000	£87,634	49% below HPI

18 MARGETSON 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 18 MARGETSON AVENUE sales from May 1999 and August 2010 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 1999 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the August 2010 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 18 MARGETSON AVENUE?

18 MARGETSON AVENUE is 106m², which includes two extensions, according to the EPC inspection conducted in November 2009. This puts it in the smallest 50% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 18 MARGETSON AVENUE lies on this distribution: 47% of detached houses are smaller than 18 MARGETSON AVENUE, and 53% of houses are larger. Note that EPC data is not available for all properties in Norwich.

18 MARGETSON AVENUE: Plot and Title Map

18 MARGETSON AVENUE sits on a plot of roughly 0.132 of an acre, or 535m². The below map shows the location of 18 MARGETSON 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 18 MARGETSON 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 18 MARGETSON AVENUE?

18 MARGETSON AVENUE is located in NORWICH, in the NR7 postcode district. The below map shows the position of No. 18 on MARGETSON AVENUE.