40, LIME TREE AVENUE, LONG STRATTON, NORWICH, NR15 2TL - £260,000

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.

40 LIME TREE AVENUE is a very large extended detached house of 161m², built sometime from 2007 onwards, which could now be worth an estimated £314,815. It was last sold for £260,000 in August 2020, which was around 28% below the average August 2020 detached price in the South Norfolk local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was C.

40 LIME TREE AVENUE Sold Prices

Land registry data shows two sales for 40 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 40 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
2020 28 AUG	£260,000	£363,467	28% below HPI
2011 17 MAY	£235,000	£240,101	2% below HPI

40 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 40 LIME TREE AVENUE sales from May 2011 and August 2020 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 May 2011 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the August 2020 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 40 LIME TREE AVENUE be worth now?

40 LIME TREE AVENUE might now be worth an estimated £314,815.

This is based on house price inflation of 21.1%, between August 2020 and February 2025, for detached houses, in the South Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 21.1% inflationary increase is applied to the most recent sale price for 40 LIME TREE AVENUE of £260,000 on 28th August 2020. For the value to have increased from £260,000 to £314,815 over the five years and six months to February 2025, the following assumptions must hold true:

• The value of 40 LIME TREE AVENUE has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The August 2020 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 40 LIME TREE AVENUE has not materially changed since August 2020.

How Large is 40 LIME TREE AVENUE?

40 LIME TREE AVENUE is 161m², which includes one extension, according to the EPC inspection conducted in February 2020. This puts it in the largest 10% of detached houses houses in Long Stratton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Long Stratton, and where 40 LIME TREE AVENUE lies on this distribution: 91% of detached houses houses are smaller than 40 LIME TREE AVENUE, and 9% of houses are larger. Note that EPC data is not available for all properties in Long Stratton.

40 LIME TREE AVENUE: Plot and Title Map

40 LIME TREE AVENUE sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of 40 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 40 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 40 LIME TREE AVENUE?

40 LIME TREE AVENUE is located in LONG STRATTON, in the NR15 postcode district. The below map shows the position of No. 40 on LIME TREE AVENUE.