5, PETER AVENUE, ACLE, NORWICH, NR13 3BS - £440,000

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 PETER AVENUE is a small detached house of 83m², built sometime between 1950 and 1966, which could now be worth an estimated £452,520. It was last sold for £440,000 in November 2023, which was around 7% above the average November 2023 detached price in the Broadland local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was B.

5 PETER AVENUE Sold Prices

Land registry data shows three sales for 5 PETER 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. One of the three 5 PETER AVENUE sales was for above the average price, whilst two 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
2023 20 NOV	£440,000	£411,828	7% above HPI
2018 16 JUL	£315,000	£334,178	6% below HPI
2001 2 MAY	£122,500	£126,689	3% below HPI

5 PETER 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 5 PETER AVENUE sales between May 2001 and November 2023 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 July 2018 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the November 2023 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 5 PETER AVENUE be worth now?

5 PETER AVENUE might now be worth an estimated £452,520.

This is based on house price inflation of 2.8%, between November 2023 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 2.8% inflationary increase is applied to the most recent sale price for 5 PETER AVENUE of £440,000 on 20th November 2023. For the value to have increased from £440,000 to £452,520 over the two years and nine months to February 2025, the following assumptions must hold true:

• The value of 5 PETER AVENUE has moved in line with the HPI for detached houses in the Broadland local authority area.
• The November 2023 sale price of £440,000 represented a fair market value for the property.
• The size, condition, and specification of 5 PETER AVENUE has not materially changed since November 2023.

How Large is 5 PETER AVENUE?

5 PETER AVENUE is 83m² according to the EPC inspection conducted in January 2018. This puts it in the smallest 30% of detached houses houses in Acle, based on EPC data. The below chart shows the distribution of detached houses houses by size in Acle, and where 5 PETER AVENUE lies on this distribution: 29% of detached houses houses are smaller than 5 PETER AVENUE, and 70% of houses are larger. Note that EPC data is not available for all properties in Acle.

5 PETER AVENUE: Plot and Title Map

5 PETER AVENUE sits on a plot of roughly 0.171 of an acre, or 694m². The below map shows the location of 5 PETER 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 PETER 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 PETER AVENUE?

5 PETER AVENUE is located in ACLE, in the NR13 postcode district. The below map shows the position of No. 5 on PETER AVENUE.