23, NORWOOD AVENUE, EXETER, EX2 4RT - £400,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

23 NORWOOD AVENUE is a very small semi-detached house of 62m², built sometime between 1950 and 1966, which could now be worth an estimated £391,002. It was last sold for £400,000 in October 2022, which was around 9% above the average October 2022 semi-detached price in the Exeter local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was B.

23 NORWOOD AVENUE Sold Prices

Land registry data shows four sales for 23 NORWOOD AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Exeter local authority area for the corresponding sale date. All of the four 23 NORWOOD 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
2022 26 OCT	£400,000	£367,555	9% above HPI
2015 30 OCT	£310,000	£253,658	22% above HPI
2011 9 MAR	£250,000	£210,835	19% above HPI
2007 10 OCT	£244,950	£217,955	12% above HPI

23 NORWOOD AVENUE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Exeter local authority area over time, sourced from the HPI. The four 23 NORWOOD AVENUE sales between October 2007 and October 2022 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 October 2015 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the October 2022 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 23 NORWOOD AVENUE be worth now?

23 NORWOOD AVENUE might now be worth an estimated £391,002.

This is based on house price deflation of 2.2%, between October 2022 and February 2025, for semi-detached houses, in the Exeter local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.2% deflationary decrease is applied to the most recent sale price for 23 NORWOOD AVENUE of £400,000 on 26th October 2022. For the value to have decreased from £400,000 to £391,002 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of 23 NORWOOD AVENUE has moved in line with the HPI for semi-detached houses in the Exeter local authority area.
• The October 2022 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 23 NORWOOD AVENUE has not materially changed since October 2022.

How Large is 23 NORWOOD AVENUE?

23 NORWOOD AVENUE is 62m² according to the EPC inspection conducted in June 2022. This puts it in the smallest 10% of semi-detached houses houses in Exeter, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Exeter, and where 23 NORWOOD AVENUE lies on this distribution: 3% of semi-detached houses houses are smaller than 23 NORWOOD AVENUE, and 96% of houses are larger. Note that EPC data is not available for all properties in Exeter.

23 NORWOOD AVENUE: Plot and Title Map

23 NORWOOD AVENUE sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of 23 NORWOOD 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 23 NORWOOD 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 23 NORWOOD AVENUE?

23 NORWOOD AVENUE is located in EXETER, in the EX2 postcode district. The below map shows the position of No. 23 on NORWOOD AVENUE.