3, WELLS AVENUE, NORTH WALSHAM, NR28 0TE - £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.

3 WELLS AVENUE is a very small detached house of 68m², built sometime between 1983 and 1990, which could now be worth an estimated £280,588. It was last sold for £175,000 in July 2014, which was around 35% below the average July 2014 detached price in the North Norfolk local authority area. The most recent EPC inspection was May 2009, where the current energy rating was C, and the potential energy rating was C.

3 WELLS AVENUE Sold Prices

Land registry data shows two sales for 3 WELLS 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 North Norfolk local authority area for the corresponding sale date. Both of the two 3 WELLS 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
2014 17 JUL	£175,000	£268,696	35% below HPI
2004 5 APR	£160,000	£194,543	18% below HPI

3 WELLS AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Norfolk local authority area over time, sourced from the HPI. The two 3 WELLS AVENUE sales from April 2004 and July 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 April 2004 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the July 2014 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 3 WELLS AVENUE be worth now?

3 WELLS AVENUE might now be worth an estimated £280,588.

This is based on house price inflation of 60.3%, between July 2014 and February 2025, for detached houses, in the North Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 60.3% inflationary increase is applied to the most recent sale price for 3 WELLS AVENUE of £175,000 on 17th July 2014. For the value to have increased from £175,000 to £280,588 over the eleven years and five months to February 2025, the following assumptions must hold true:

• The value of 3 WELLS AVENUE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The July 2014 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 3 WELLS AVENUE has not materially changed since July 2014.

How Large is 3 WELLS AVENUE?

3 WELLS AVENUE is 68m² according to the EPC inspection conducted in May 2009. This puts it in the smallest 10% of detached houses houses in North Walsham, based on EPC data. The below chart shows the distribution of detached houses houses by size in North Walsham, and where 3 WELLS AVENUE lies on this distribution: 10% of detached houses houses are smaller than 3 WELLS AVENUE, and 90% of houses are larger. Note that EPC data is not available for all properties in North Walsham.

3 WELLS AVENUE: Plot and Title Map

3 WELLS AVENUE sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of 3 WELLS 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 WELLS 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 3 WELLS AVENUE?

3 WELLS AVENUE is located in NORTH WALSHAM, in the NR28 postcode district. The below map shows the position of No. 3 on WELLS AVENUE.