42, RUSSELL AVENUE, SPROWSTON, NORWICH, NR7 8XF - £335,000

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

42 RUSSELL AVENUE is a very small semi-detached house of 53m², built sometime between 1950 and 1966. It was last sold for £335,000 in October 2022, which was around 21% below the average October 2022 detached price in the Broadland local authority area. The most recent EPC inspection was June 2015, where the current energy rating was C, and the potential energy rating was B.

42 RUSSELL AVENUE Sold Prices

Land registry data shows three sales for 42 RUSSELL AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. All of the three 42 RUSSELL 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
2022 21 OCT	£335,000	£425,623	21% below HPI
2015 22 SEP	£170,000	£291,153	42% below HPI
2001 13 JUL	£70,000	£129,818	46% below HPI

42 RUSSELL 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 three 42 RUSSELL AVENUE sales between July 2001 and October 2022 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 September 2015 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the October 2022 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 42 RUSSELL AVENUE?

42 RUSSELL AVENUE is 53m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 10% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 42 RUSSELL AVENUE lies on this distribution: 1% of detached houses are smaller than 42 RUSSELL AVENUE, and 98% of houses are larger. Note that EPC data is not available for all properties in Norwich.

42 RUSSELL AVENUE: Plot and Title Map

42 RUSSELL AVENUE sits on a plot of roughly 0.094 of an acre, or 380m². The below map shows the location of 42 RUSSELL 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 42 RUSSELL 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 42 RUSSELL AVENUE?

42 RUSSELL AVENUE is located in SPROWSTON, in the NR7 postcode district. The below map shows the position of No. 42 on RUSSELL AVENUE.