Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
2 CHARLES AVENUE is a small detached house of 91m², built sometime between 1930 and 1949. It was last sold for £335,000 in August 2024, which was around 21% below the average August 2024 detached price in the Broadland local authority area. The most recent EPC inspection was April 2024, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 2 CHARLES AVENUE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. The four 2 CHARLES AVENUE sales were a mix of below the average price, and roughly equal to 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 |
---|---|---|---|
2024 21 AUG | £335,000 | £421,779 | 21% below HPI |
2005 23 JUN | £189,000 | £217,076 | 13% below HPI |
1998 20 JUN | £75,000 | £82,995 | 10% below HPI |
1996 22 NOV | £73,000 | £72,748 | Close to HPI |
The below graph shows the average detached house price in the Broadland local authority area over time, sourced from the HPI. The four 2 CHARLES AVENUE sales between November 1996 and August 2024 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 June 2005 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the August 2024 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.
2 CHARLES AVENUE is 91m² according to the EPC inspection conducted in April 2024. This puts it in the smallest 40% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 2 CHARLES AVENUE lies on this distribution: 31% of detached houses are smaller than 2 CHARLES AVENUE, and 68% of houses are larger. Note that EPC data is not available for all properties in Norwich.
2 CHARLES AVENUE sits on a plot of roughly 0.154 of an acre, or 623m². The below map shows the location of 2 CHARLES 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 2 CHARLES 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.
2 CHARLES AVENUE is located in NORWICH, in the NR7 postcode district. The below map shows the position of No. 2 on CHARLES AVENUE.