2, MERLIN AVENUE, NORWICH, NR7 8BY - £182,500

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 MERLIN AVENUE is a very small detached house of 74m², built sometime between 1950 and 1966. It was last sold for £182,500 in August 2015, which was around 36% below the average August 2015 detached price in the Broadland local authority area. The most recent EPC inspection was May 2015, where the current energy rating was E, and the potential energy rating was B.

2 MERLIN AVENUE Sold Prices

Land registry data shows two sales for 2 MERLIN 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 2 MERLIN AVENUE sales were 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
2015 21 AUG	£182,500	£284,588	36% below HPI
2010 7 APR	£158,000	£238,945	34% below HPI

2 MERLIN 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 2 MERLIN AVENUE sales from April 2010 and August 2015 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 April 2010 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the August 2015 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 2 MERLIN AVENUE?

2 MERLIN AVENUE is 74m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 20% 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 MERLIN AVENUE lies on this distribution: 12% of detached houses are smaller than 2 MERLIN AVENUE, and 87% of houses are larger. Note that EPC data is not available for all properties in Norwich.

2 MERLIN AVENUE: Plot and Title Map

2 MERLIN AVENUE sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of 2 MERLIN 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 MERLIN 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 2 MERLIN AVENUE?

2 MERLIN AVENUE is located in NORWICH, in the NR7 postcode district. The below map shows the position of No. 2 on MERLIN AVENUE.