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
51 THE AVENUE is a very large extended detached house of 286m², built sometime between 1950 and 1966. It was last sold for £420,000 in February 2021, which was around 12% above the average February 2021 detached price in the North Norfolk local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows six sales for 51 THE AVENUE since 1st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. All of the six 51 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 |
---|---|---|---|
2021 8 FEB | £420,000 | £375,732 | 12% above HPI |
2014 17 FEB | £327,000 | £250,813 | 30% above HPI |
2007 7 DEC | £337,000 | £266,859 | 26% above HPI |
2006 9 AUG | £333,000 | £230,390 | 45% above HPI |
2003 4 JUL | £235,000 | £176,502 | 33% above HPI |
1997 7 MAR | £111,500 | £71,500 | 56% above HPI |
The below graph shows the average detached house price in the North Norfolk local authority area over time, sourced from the HPI. The six 51 THE AVENUE sales between March 1997 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 February 2014 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the February 2021 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.
51 THE AVENUE is 286m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the largest 10% of detached houses in Sheringham, based on EPC data. The below chart shows the distribution of detached houses by size in Sheringham, and where 51 THE AVENUE lies on this distribution: 98% of detached houses are smaller than 51 THE AVENUE, and 2% of houses are larger. Note that EPC data is not available for all properties in Sheringham.
51 THE AVENUE sits on a plot of roughly 0.159 of an acre, or 644m². The below map shows the location of 51 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 51 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.
51 THE AVENUE is located in SHERINGHAM, in the NR26 postcode district. The below map shows the position of No. 51 on THE AVENUE.