38, LIME TREE AVENUE, LONG STRATTON, NORWICH, NR15 2TL - £245,000

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

38 LIME TREE AVENUE is a very large detached house of 150m², built sometime from 2007 onwards. It was last sold for £245,000 in May 2014, which was around 3% below the average May 2014 detached price in the South Norfolk local authority area. The most recent EPC inspection was November 2013, where the current energy rating was C, and the potential energy rating was B.

38 LIME TREE AVENUE Sold Prices

Land registry data shows two sales for 38 LIME TREE 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 South Norfolk local authority area for the corresponding sale date. Both of the two 38 LIME TREE 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 29 MAY	£245,000	£253,768	3% below HPI
2011 23 DEC	£220,000	£235,994	7% below HPI

38 LIME TREE AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The two 38 LIME TREE AVENUE sales from December 2011 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 December 2011 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the May 2014 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 38 LIME TREE AVENUE?

38 LIME TREE AVENUE is 150m² according to the EPC inspection conducted in November 2013. This puts it in the largest 20% of detached houses in Long Stratton, based on EPC data. The below chart shows the distribution of detached houses by size in Long Stratton, and where 38 LIME TREE AVENUE lies on this distribution: 86% of detached houses are smaller than 38 LIME TREE AVENUE, and 14% of houses are larger. Note that EPC data is not available for all properties in Long Stratton.

38 LIME TREE AVENUE: Plot and Title Map

38 LIME TREE AVENUE sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of 38 LIME TREE 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 38 LIME TREE 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 38 LIME TREE AVENUE?

38 LIME TREE AVENUE is located in LONG STRATTON, in the NR15 postcode district. The below map shows the position of No. 38 on LIME TREE AVENUE.