5, THE AVENUE, WROXHAM, NORWICH, NR12 8TN - £715,000

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

5 THE AVENUE is a very large extended detached house of 212m², built sometime between 1996 and 2002. It was last sold for £715,000 in August 2020, which was around 103% above the average August 2020 detached price in the Broadland local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was C.

5 THE AVENUE Sold Prices

Land registry data shows three sales for 5 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 5 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
2020 21 AUG	£715,000	£352,563	103% above HPI
2016 6 SEP	£450,000	£315,334	43% above HPI
1997 18 JUN	£157,500	£75,794	108% above HPI

5 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 5 THE AVENUE sales between June 1997 and August 2020 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 September 2016 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the August 2020 sale, where it rises to 103% above the HPI. The line then continues to track at 103% above the HPI.

How Large is 5 THE AVENUE?

5 THE AVENUE is 212m², which includes one extension, according to the EPC inspection conducted in March 2017. This puts it in the largest 20% of detached houses in Wroxham, based on EPC data. The below chart shows the distribution of detached houses by size in Wroxham, and where 5 THE AVENUE lies on this distribution: 85% of detached houses are smaller than 5 THE AVENUE, and 14% of houses are larger. Note that EPC data is not available for all properties in Wroxham.

5 THE AVENUE: Plot and Title Map

5 THE AVENUE sits on a plot of roughly 0.384 of an acre, or 1,554m². The below map shows the location of 5 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 5 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 5 THE AVENUE?

5 THE AVENUE is located in WROXHAM, in the NR12 postcode district. The below map shows the position of No. 5 on THE AVENUE.