40, THE AVENUE, WROXHAM, NORWICH, NR12 8TR - £700,000

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

40 THE AVENUE is a large extended detached house of 166m², built sometime between 1967 and 1975. It was last sold for £700,000 in November 2018, which was around 103% above the average November 2018 detached price in the Broadland local authority area. The most recent EPC inspection was August 2010, where the current energy rating was D, and the potential energy rating was C.

40 THE AVENUE Sold Prices

Land registry data shows four sales for 40 THE AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. All of the four 40 THE AVENUE sales were for above 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
2018 19 NOV	£700,000	£344,713	103% above HPI
2007 24 MAY	£532,000	£248,773	114% above HPI
2004 16 JAN	£400,000	£194,683	105% above HPI
1998 3 SEP	£152,500	£86,668	76% above HPI

40 THE 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 four 40 THE AVENUE sales between September 1998 and November 2018 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 2007 sale was for 114% above the HPI. So the extrapolation line tracks at 114% above the HPI over time, until the November 2018 sale, where it falls to 103% above the HPI. The line then continues to track at 103% above the HPI.

How Large is 40 THE AVENUE?

40 THE AVENUE is 166m², which includes two extensions, according to the EPC inspection conducted in August 2010. This puts it in the largest 40% of detached houses in Wroxham, based on EPC data. The below chart shows the distribution of detached houses by size in Wroxham, and where 40 THE AVENUE lies on this distribution: 61% of detached houses are smaller than 40 THE AVENUE, and 39% of houses are larger. Note that EPC data is not available for all properties in Wroxham.

40 THE AVENUE: Plot and Title Map

40 THE AVENUE sits on a plot of roughly 0.429 of an acre, or 1,735m². The below map shows the location of 40 THE 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 THE 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 THE AVENUE?

40 THE AVENUE is located in WROXHAM, in the NR12 postcode district. The below map shows the position of No. 40 on THE AVENUE.