22, RUSSELL AVENUE, SPROWSTON, NORWICH, NR7 8XE - £505,000

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 RUSSELL AVENUE is a midsized extended detached house of 117m², built sometime between 1930 and 1949. It was last sold for £505,000 in December 2021, which was around 29% above the average December 2021 detached price in the Broadland local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was B.

22 RUSSELL AVENUE Sold Prices

Land registry data shows two sales for 22 RUSSELL 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. One of the two 22 RUSSELL AVENUE sales was for above the average price, whilst the other was 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
2021 9 DEC	£505,000	£391,591	29% above HPI
2007 20 SEP	£241,000	£263,791	9% below HPI

22 RUSSELL 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 RUSSELL AVENUE sales from September 2007 and December 2021 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 2007 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the December 2021 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is 22 RUSSELL AVENUE?

22 RUSSELL AVENUE is 117m², which includes one extension, according to the EPC inspection conducted in October 2021. This puts it in the largest 40% 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 RUSSELL AVENUE lies on this distribution: 60% of detached houses are smaller than 22 RUSSELL AVENUE, and 39% of houses are larger. Note that EPC data is not available for all properties in Norwich.

22 RUSSELL AVENUE: Plot and Title Map

22 RUSSELL AVENUE sits on a plot of roughly 0.165 of an acre, or 668m². The below map shows the location of 22 RUSSELL 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 RUSSELL 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 RUSSELL AVENUE?

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