5, MAYFIELD AVENUE, NORWICH, NR6 6SN - £265,000

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.

5 MAYFIELD AVENUE is a small detached house of 86m², built sometime between 1976 and 1982, which could now be worth an estimated £308,553. It was last sold for £265,000 in February 2021, which was around 27% below the average February 2021 detached price in the Broadland local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was C.

5 MAYFIELD AVENUE Sold Prices

Land registry data shows two sales for 5 MAYFIELD 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 Broadland local authority area for the corresponding sale date. Both of the two 5 MAYFIELD 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
2021 22 FEB	£265,000	£363,761	27% below HPI
2002 6 DEC	£127,000	£178,440	29% below HPI

5 MAYFIELD 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 two 5 MAYFIELD AVENUE sales from December 2002 and February 2021 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 2002 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the February 2021 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 5 MAYFIELD AVENUE be worth now?

5 MAYFIELD AVENUE might now be worth an estimated £308,553.

This is based on house price inflation of 16.4%, between February 2021 and February 2025, for detached houses, in the Broadland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.4% inflationary increase is applied to the most recent sale price for 5 MAYFIELD AVENUE of £265,000 on 22nd February 2021. For the value to have increased from £265,000 to £308,553 over the four years to February 2025, the following assumptions must hold true:

• The value of 5 MAYFIELD AVENUE has moved in line with the HPI for detached houses in the Broadland local authority area.
• The February 2021 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 5 MAYFIELD AVENUE has not materially changed since February 2021.

How Large is 5 MAYFIELD AVENUE?

5 MAYFIELD AVENUE is 86m² according to the EPC inspection conducted in June 2016. This puts it in the smallest 30% of detached houses houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses houses by size in Norwich, and where 5 MAYFIELD AVENUE lies on this distribution: 24% of detached houses houses are smaller than 5 MAYFIELD AVENUE, and 75% of houses are larger. Note that EPC data is not available for all properties in Norwich.

5 MAYFIELD AVENUE: Plot and Title Map

5 MAYFIELD AVENUE sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of 5 MAYFIELD 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 5 MAYFIELD 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 5 MAYFIELD AVENUE?

5 MAYFIELD AVENUE is located in NORWICH, in the NR6 postcode district. The below map shows the position of No. 5 on MAYFIELD AVENUE.