18, THE AVENUE, WROXHAM, NORWICH, NR12 8TN - £470,000

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 THE AVENUE is a midsized extended detached house of 148m², built sometime between 1950 and 1966. It was last sold for £470,000 in August 2016, which was around 50% above the average August 2016 detached price in the Broadland local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was C.

18 THE AVENUE Sold Prices

Land registry data shows three sales for 18 THE AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. All of the three 18 THE 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
2016 2 AUG	£470,000	£314,083	50% above HPI
2011 18 JAN	£300,000	£230,895	30% above HPI
2002 6 DEC	£220,000	£176,669	25% above HPI

18 THE 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 three 18 THE AVENUE sales between December 2002 and August 2016 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 January 2011 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the August 2016 sale, where it rises to 50% above the HPI. The line then continues to track at 50% above the HPI.

How Large is 18 THE AVENUE?

18 THE AVENUE is 148m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the smallest 50% of detached houses in Wroxham, based on EPC data. The below chart shows the distribution of detached houses by size in Wroxham, and where 18 THE AVENUE lies on this distribution: 48% of detached houses are smaller than 18 THE AVENUE, and 51% of houses are larger. Note that EPC data is not available for all properties in Wroxham.

18 THE AVENUE: Plot and Title Map

18 THE AVENUE sits on a plot of roughly 0.365 of an acre, or 1,477m². The below map shows the location of 18 THE 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 THE 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 THE AVENUE?

18 THE AVENUE is located in WROXHAM, in the NR12 postcode district. The below map shows the position of No. 18 on THE AVENUE.