2, SPENSER AVENUE, NORTH WALSHAM, NR28 9HZ - £281,000

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 SPENSER AVENUE is a large extended detached house of 110m², built sometime between 1950 and 1966. It was last sold for £281,000 in September 2017, which was around 15% below the average September 2017 detached price in the North Norfolk local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was B.

2 SPENSER AVENUE Sold Prices

Land registry data shows two sales for 2 SPENSER 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 North Norfolk local authority area for the corresponding sale date. Both of the two 2 SPENSER 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
2017 1 SEP	£281,000	£331,136	15% below HPI
2002 19 JUL	£110,000	£156,189	30% below HPI

2 SPENSER AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Norfolk local authority area over time, sourced from the HPI. The two 2 SPENSER AVENUE sales from July 2002 and September 2017 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 July 2002 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the September 2017 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 2 SPENSER AVENUE?

2 SPENSER AVENUE is 110m², which includes one extension, according to the EPC inspection conducted in March 2017. This puts it in the largest 40% of detached houses in North Walsham, based on EPC data. The below chart shows the distribution of detached houses by size in North Walsham, and where 2 SPENSER AVENUE lies on this distribution: 62% of detached houses are smaller than 2 SPENSER AVENUE, and 37% of houses are larger. Note that EPC data is not available for all properties in North Walsham.

2 SPENSER AVENUE: Plot and Title Map

2 SPENSER AVENUE sits on a plot of roughly 0.152 of an acre, or 613m². The below map shows the location of 2 SPENSER 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 SPENSER 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 SPENSER AVENUE?

2 SPENSER AVENUE is located in NORTH WALSHAM, in the NR28 postcode district. The below map shows the position of No. 2 on SPENSER AVENUE.