2, PETER AVENUE, ACLE, NORWICH, NR13 3BS - £220,000

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

2 PETER AVENUE is a very small detached house of 75m², built sometime between 1967 and 1975. It was last sold for £220,000 in June 2013, which was around 10% below the average June 2013 detached price in the Broadland local authority area. The most recent EPC inspection was June 2010, where the current energy rating was D, and the potential energy rating was D.

2 PETER AVENUE Sold Prices

Land registry data shows three sales for 2 PETER 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 2 PETER 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
2013 6 JUN	£220,000	£243,861	10% below HPI
2010 16 SEP	£205,000	£246,441	17% below HPI
1998 7 OCT	£73,500	£87,138	16% below HPI

2 PETER 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 2 PETER AVENUE sales between October 1998 and June 2013 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 September 2010 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the June 2013 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 2 PETER AVENUE?

2 PETER AVENUE is 75m² according to the EPC inspection conducted in June 2010. This puts it in the smallest 20% of detached houses in Acle, based on EPC data. The below chart shows the distribution of detached houses by size in Acle, and where 2 PETER AVENUE lies on this distribution: 16% of detached houses are smaller than 2 PETER AVENUE, and 84% of houses are larger. Note that EPC data is not available for all properties in Acle.

2 PETER AVENUE: Plot and Title Map

2 PETER AVENUE sits on a plot of roughly 0.162 of an acre, or 656m². The below map shows the location of 2 PETER 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 PETER 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 PETER AVENUE?

2 PETER AVENUE is located in ACLE, in the NR13 postcode district. The below map shows the position of No. 2 on PETER AVENUE.