22, MARGETSON AVENUE, NORWICH, NR7 0DG - £305,000

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

22 MARGETSON AVENUE is a very large extended detached house of 159m², built sometime between 1900 and 1929. It was last sold for £305,000 in August 2010, which was around 25% above the average August 2010 detached price in the Broadland local authority area. The most recent EPC inspection was February 2010, where the current energy rating was D, and the potential energy rating was C.

22 MARGETSON AVENUE Sold Prices

Land registry data shows two sales for 22 MARGETSON 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 22 MARGETSON 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
2010 6 AUG	£305,000	£244,705	25% above HPI
1999 6 DEC	£135,000	£98,779	37% above HPI

22 MARGETSON 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 22 MARGETSON AVENUE sales from December 1999 and August 2010 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 December 1999 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the August 2010 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is 22 MARGETSON AVENUE?

22 MARGETSON AVENUE is 159m², which includes one extension, according to the EPC inspection conducted in February 2010. This puts it in the largest 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 22 MARGETSON AVENUE lies on this distribution: 85% of detached houses are smaller than 22 MARGETSON AVENUE, and 15% of houses are larger. Note that EPC data is not available for all properties in Norwich.

22 MARGETSON AVENUE: Plot and Title Map

22 MARGETSON AVENUE sits on a plot of roughly 0.135 of an acre, or 548m². The below map shows the location of 22 MARGETSON 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 22 MARGETSON 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 22 MARGETSON AVENUE?

22 MARGETSON AVENUE is located in NORWICH, in the NR7 postcode district. The below map shows the position of No. 22 on MARGETSON AVENUE.