42, VICTORY AVENUE, PORINGLAND, NORWICH, NR14 7WH - £300,000

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.

42 VICTORY AVENUE is a small detached house of 96m², which could now be worth an estimated £394,155. It was last sold for £300,000 in February 2018, which was around 10% below the average February 2018 detached price in the South Norfolk local authority area. The most recent EPC inspection was October 2012, where the current energy rating was B, and the potential energy rating was B.

42 VICTORY AVENUE Sold Prices

Land registry data shows two sales for 42 VICTORY 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 42 VICTORY 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
2018 15 FEB	£300,000	£334,966	10% below HPI
2012 19 DEC	£225,000	£247,256	9% below HPI

42 VICTORY 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 42 VICTORY AVENUE sales from December 2012 and February 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 December 2012 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the February 2018 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 42 VICTORY AVENUE be worth now?

42 VICTORY AVENUE might now be worth an estimated £394,155.

This is based on house price inflation of 31.4%, between February 2018 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 31.4% inflationary increase is applied to the most recent sale price for 42 VICTORY AVENUE of £300,000 on 15th February 2018. For the value to have increased from £300,000 to £394,155 over the seven years to February 2025, the following assumptions must hold true:

• The value of 42 VICTORY AVENUE has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The February 2018 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 42 VICTORY AVENUE has not materially changed since February 2018.

How Large is 42 VICTORY AVENUE?

42 VICTORY AVENUE is 96m² according to the EPC inspection conducted in October 2012. This puts it in the smallest 30% of detached houses houses in Poringland, based on EPC data. The below chart shows the distribution of detached houses houses by size in Poringland, and where 42 VICTORY AVENUE lies on this distribution: 25% of detached houses houses are smaller than 42 VICTORY AVENUE, and 74% of houses are larger. Note that EPC data is not available for all properties in Poringland.

42 VICTORY AVENUE: Plot and Title Map

42 VICTORY AVENUE sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 42 VICTORY 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 VICTORY 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 VICTORY AVENUE?

42 VICTORY AVENUE is located in PORINGLAND, in the NR14 postcode district. The below map shows the position of No. 42 on VICTORY AVENUE.