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
49 THE AVENUES is a large extended detached house of 125m², built sometime between 1900 and 1929. It was last sold for £330,000 in December 2012, which was around 22% above the average December 2012 detached price in the Norwich local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 49 THE AVENUES since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Norwich local authority area for the corresponding sale date. Both of the two 49 THE AVENUES 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 |
---|---|---|---|
2012 20 DEC | £330,000 | £271,046 | 22% above HPI |
1998 9 OCT | £135,000 | £92,948 | 45% above HPI |
The below graph shows the average detached house price in the Norwich local authority area over time, sourced from the HPI. The two 49 THE AVENUES sales from October 1998 and December 2012 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 October 1998 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the December 2012 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.
49 THE AVENUES is 125m², which includes two extensions, according to the EPC inspection conducted in October 2012. This puts it in the largest 40% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 49 THE AVENUES lies on this distribution: 67% of detached houses are smaller than 49 THE AVENUES, and 33% of houses are larger. Note that EPC data is not available for all properties in Norwich.
49 THE AVENUES sits on a plot of roughly 0.148 of an acre, or 599m². The below map shows the location of 49 THE AVENUES, 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 49 THE AVENUES). 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.
49 THE AVENUES is located in NORWICH, in the NR2 postcode district. The below map shows the position of No. 49 on THE AVENUES.