2, PARK AVENUE, BARFORD, NORWICH, NR9 4BA - £348,000

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 PARK AVENUE is a large extended detached house of 143m², built sometime between 1950 and 1966. It was last sold for £348,000 in September 2016, which was around 12% above the average September 2016 detached price in the South Norfolk local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was C.

2 PARK AVENUE Sold Prices

Land registry data shows three sales for 2 PARK 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 South Norfolk local authority area for the corresponding sale date. All of the three 2 PARK 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 15 SEP	£348,000	£311,033	12% above HPI
2007 8 AUG	£335,000	£257,246	30% above HPI
1997 5 DEC	£89,000	£84,474	5% above HPI

2 PARK AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The three 2 PARK AVENUE sales between December 1997 and September 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 August 2007 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the September 2016 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 2 PARK AVENUE?

2 PARK AVENUE is 143m², which includes two extensions, according to the EPC inspection conducted in September 2014. This puts it in the largest 40% of detached houses in Barford, based on EPC data. The below chart shows the distribution of detached houses by size in Barford, and where 2 PARK AVENUE lies on this distribution: 63% of detached houses are smaller than 2 PARK AVENUE, and 37% of houses are larger. Note that EPC data is not available for all properties in Barford.

2 PARK AVENUE: Plot and Title Map

2 PARK AVENUE sits on a plot of roughly 0.231 of an acre, or 934m². The below map shows the location of 2 PARK 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 PARK 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 PARK AVENUE?

2 PARK AVENUE is located in BARFORD, in the NR9 postcode district. The below map shows the position of No. 2 on PARK AVENUE.