18, SCHOOL AVENUE, NORWICH, NR7 0QU - £500,000

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 SCHOOL AVENUE is a large extended detached house of 136m², built sometime between 1950 and 1966. It was last sold for £500,000 in January 2021, which was around 39% above the average January 2021 detached price in the Broadland local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was C.

18 SCHOOL AVENUE Sold Prices

Land registry data shows two sales for 18 SCHOOL 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 18 SCHOOL AVENUE 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
2021 8 JAN	£500,000	£359,037	39% above HPI
2014 6 NOV	£330,000	£267,960	23% above HPI

18 SCHOOL 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 SCHOOL AVENUE sales from November 2014 and January 2021 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 November 2014 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the January 2021 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.

How Large is 18 SCHOOL AVENUE?

18 SCHOOL AVENUE is 136m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the largest 30% 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 SCHOOL AVENUE lies on this distribution: 73% of detached houses are smaller than 18 SCHOOL AVENUE, and 26% of houses are larger. Note that EPC data is not available for all properties in Norwich.

18 SCHOOL AVENUE: Plot and Title Map

18 SCHOOL AVENUE sits on a plot of roughly 0.247 of an acre, or 999m². The below map shows the location of 18 SCHOOL 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 SCHOOL 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 SCHOOL AVENUE?

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