48, THE AVENUE, WROXHAM, NORWICH, NR12 8TR - £485,000

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

48 THE AVENUE is a large detached house of 168m², built sometime between 1950 and 1966. It was last sold for £485,000 in May 2018, which was around 45% above the average May 2018 detached price in the Broadland local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was A.

48 THE AVENUE Sold Prices

Land registry data shows three sales for 48 THE 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 48 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 14 MAY	£485,000	£334,231	45% above HPI
2016 20 JAN	£465,000	£298,964	56% above HPI
2014 14 MAR	£332,500	£253,114	31% above HPI

48 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 three 48 THE AVENUE sales between March 2014 and May 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 January 2016 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the May 2018 sale, where it falls to 45% above the HPI. The line then continues to track at 45% above the HPI.

How Large is 48 THE AVENUE?

48 THE AVENUE is 168m² according to the EPC inspection conducted in January 2015. 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 48 THE AVENUE lies on this distribution: 62% of detached houses are smaller than 48 THE AVENUE, and 38% of houses are larger. Note that EPC data is not available for all properties in Wroxham.

48 THE AVENUE: Plot and Title Map

48 THE AVENUE sits on a plot of roughly 0.389 of an acre, or 1,574m². The below map shows the location of 48 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 48 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 48 THE AVENUE?

48 THE AVENUE is located in WROXHAM, in the NR12 postcode district. The below map shows the position of No. 48 on THE AVENUE.