24, PATRICIA AVENUE, HORSTEAD, NORWICH, NR12 7EW - £175,000

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.

24 PATRICIA AVENUE is a very small detached house of 53m², built sometime between 1950 and 1966, which could now be worth an estimated £316,376. It was last sold for £175,000 in May 2011, which was around 25% below the average May 2011 detached price in the Broadland local authority area. The most recent EPC inspection was June 2010, where the current energy rating was D, and the potential energy rating was D.

24 PATRICIA AVENUE Sold Prices

Land registry data shows two sales for 24 PATRICIA 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 24 PATRICIA 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
2011 16 MAY	£175,000	£234,280	25% below HPI
2004 28 OCT	£125,000	£223,401	44% below HPI

24 PATRICIA 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 24 PATRICIA AVENUE sales from October 2004 and May 2011 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 2004 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the May 2011 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 24 PATRICIA AVENUE be worth now?

24 PATRICIA AVENUE might now be worth an estimated £316,376.

This is based on house price inflation of 80.8%, between May 2011 and February 2025, for detached houses, in the Broadland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 80.8% inflationary increase is applied to the most recent sale price for 24 PATRICIA AVENUE of £175,000 on 16th May 2011. For the value to have increased from £175,000 to £316,376 over the fourteen years and three months to February 2025, the following assumptions must hold true:

• The value of 24 PATRICIA AVENUE has moved in line with the HPI for detached houses in the Broadland local authority area.
• The May 2011 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 24 PATRICIA AVENUE has not materially changed since May 2011.

How Large is 24 PATRICIA AVENUE?

24 PATRICIA AVENUE is 53m² according to the EPC inspection conducted in June 2010. This puts it in the smallest 10% of detached houses houses in Horstead, based on EPC data. The below chart shows the distribution of detached houses houses by size in Horstead, and where 24 PATRICIA AVENUE lies on this distribution: 1% of detached houses houses are smaller than 24 PATRICIA AVENUE, and 99% of houses are larger. Note that EPC data is not available for all properties in Horstead.

24 PATRICIA AVENUE: Plot and Title Map

24 PATRICIA AVENUE sits on a plot of roughly 0.104 of an acre, or 421m². The below map shows the location of 24 PATRICIA 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 24 PATRICIA 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 24 PATRICIA AVENUE?

24 PATRICIA AVENUE is located in HORSTEAD, in the NR12 postcode district. The below map shows the position of No. 24 on PATRICIA AVENUE.