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
3 OAK AVENUE is a very large extended detached house of 258m², built sometime from 2007 onwards. It was last sold for £499,995 in May 2014, which was around 97% above the average May 2014 detached price in the South Norfolk local authority area. The most recent EPC inspection was January 2014, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 3 OAK AVENUE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. One of the two 3 OAK 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 |
---|---|---|---|
2014 12 MAY | £499,995 | £253,768 | 97% above HPI |
2006 6 JAN | £135,000 | £226,152 | 40% below HPI |
The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The two 3 OAK AVENUE sales from January 2006 and May 2014 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 January 2006 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the May 2014 sale, where it rises to 97% above the HPI. The line then continues to track at 97% above the HPI.
3 OAK AVENUE is 258m², which includes one extension, according to the EPC inspection conducted in January 2014. This puts it in the largest 10% of detached houses in Poringland, based on EPC data. The below chart shows the distribution of detached houses by size in Poringland, and where 3 OAK AVENUE lies on this distribution: 99% of detached houses are smaller than 3 OAK AVENUE, and 1% of houses are larger. Note that EPC data is not available for all properties in Poringland.
3 OAK AVENUE sits on a plot of roughly 0.234 of an acre, or 945m². The below map shows the location of 3 OAK 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 3 OAK 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.
3 OAK AVENUE is located in PORINGLAND, in the NR14 postcode district. The below map shows the position of No. 3 on OAK AVENUE.