55, GROVE AVENUE, NEW COSTESSEY, NORWICH, NR5 0JB - £286,500

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

55 GROVE AVENUE is a small detached house of 95m², built sometime between 1967 and 1975. It was last sold for £286,500 in May 2018, which was around 13% below the average May 2018 detached price in the South Norfolk local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was B.

55 GROVE AVENUE Sold Prices

Land registry data shows two sales for 55 GROVE 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 South Norfolk local authority area for the corresponding sale date. Both of the two 55 GROVE 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 29 MAY	£286,500	£330,718	13% below HPI
2002 8 APR	£130,000	£145,916	11% below HPI

55 GROVE AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The two 55 GROVE AVENUE sales from April 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 April 2002 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the May 2018 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 55 GROVE AVENUE?

55 GROVE AVENUE is 95m² according to the EPC inspection conducted in February 2018. This puts it in the smallest 40% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 55 GROVE AVENUE lies on this distribution: 35% of detached houses are smaller than 55 GROVE AVENUE, and 64% of houses are larger. Note that EPC data is not available for all properties in Norwich.

55 GROVE AVENUE: Plot and Title Map

55 GROVE AVENUE sits on a plot of roughly 0.235 of an acre, or 949m². The below map shows the location of 55 GROVE 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 55 GROVE 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 55 GROVE AVENUE?

55 GROVE AVENUE is located in NEW COSTESSEY, in the NR5 postcode district. The below map shows the position of No. 55 on GROVE AVENUE.