5, MEADOW RISE AVENUE, NORWICH, NR2 3QG - £350,000

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

5 MEADOW RISE AVENUE is a small detached house of 87m², built sometime between 1967 and 1975. It was last sold for £350,000 in May 2018, which was around 6% below the average May 2018 detached price in the Norwich local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was B.

5 MEADOW RISE AVENUE Sold Prices

Land registry data shows two sales for 5 MEADOW RISE 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 Norwich local authority area for the corresponding sale date. Both of the two 5 MEADOW RISE 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 25 MAY	£350,000	£373,651	6% below HPI
2002 8 MAY	£165,000	£169,237	3% below HPI

5 MEADOW RISE AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Norwich local authority area over time, sourced from the HPI. The two 5 MEADOW RISE AVENUE sales from May 2002 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 May 2002 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the May 2018 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 5 MEADOW RISE AVENUE?

5 MEADOW RISE AVENUE is 87m² according to the EPC inspection conducted in September 2016. This puts it in the smallest 30% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 5 MEADOW RISE AVENUE lies on this distribution: 26% of detached houses are smaller than 5 MEADOW RISE AVENUE, and 73% of houses are larger. Note that EPC data is not available for all properties in Norwich.

5 MEADOW RISE AVENUE: Plot and Title Map

5 MEADOW RISE AVENUE sits on a plot of roughly 0.108 of an acre, or 437m². The below map shows the location of 5 MEADOW RISE 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 MEADOW RISE 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 MEADOW RISE AVENUE?

5 MEADOW RISE AVENUE is located in NORWICH, in the NR2 postcode district. The below map shows the position of No. 5 on MEADOW RISE AVENUE.