56, GROVE AVENUE, NEW COSTESSEY, NORWICH, NR5 0HW - £540,000

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

56 GROVE AVENUE is a very large extended detached house of 239m², built sometime between 1967 and 1975. It was last sold for £540,000 in June 2021, which was around 45% above the average June 2021 detached price in the South Norfolk local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was C.

56 GROVE AVENUE Sold Prices

Land registry data shows two sales for 56 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 56 GROVE 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 29 JUN	£540,000	£371,330	45% above HPI
2012 23 OCT	£285,000	£240,891	18% above HPI

56 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 56 GROVE AVENUE sales from October 2012 and June 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 October 2012 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the June 2021 sale, where it rises to 45% above the HPI. The line then continues to track at 45% above the HPI.

How Large is 56 GROVE AVENUE?

56 GROVE AVENUE is 239m², which includes one extension, according to the EPC inspection conducted in September 2015. This puts it in the largest 10% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 56 GROVE AVENUE lies on this distribution: 97% of detached houses are smaller than 56 GROVE AVENUE, and 3% of houses are larger. Note that EPC data is not available for all properties in Norwich.

56 GROVE AVENUE: Plot and Title Map

56 GROVE AVENUE sits on a plot of roughly 0.247 of an acre, or 1,001m². The below map shows the location of 56 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 56 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 56 GROVE AVENUE?

56 GROVE AVENUE is located in NEW COSTESSEY, in the NR5 postcode district. The below map shows the position of No. 56 on GROVE AVENUE.