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

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

23 NORWOOD AVENUE is a very small semi-detached house of 62m², built sometime between 1950 and 1966. It was last sold for £400,000 in October 2022, which was around 30% below the average October 2022 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 detached price in the Exeter local authority area for the corresponding sale date. All of the four 23 NORWOOD 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
2022 26 OCT	£400,000	£573,419	30% below HPI
2015 30 OCT	£310,000	£401,023	23% below HPI
2011 9 MAR	£250,000	£337,989	26% below HPI
2007 10 OCT	£244,950	£341,162	28% below HPI

23 NORWOOD AVENUE Price Paid vs. HPI Average

The below graph shows the average 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 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the October 2022 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

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 detached houses in Exeter, based on EPC data. The below chart shows the distribution of detached houses by size in Exeter, and where 23 NORWOOD AVENUE lies on this distribution: 3% of detached 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 0.071 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.