61, OAK AVENUE, LODDON, NORWICH, NR14 6FT - £385,000

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.

61 OAK AVENUE is a midsized detached house of 115m², which could now be worth an estimated £450,085. It was last sold for £385,000 in November 2020, which was around 2% above the average November 2020 detached price in the South Norfolk local authority area. The most recent EPC inspection was April 2018, where the current energy rating was B, and the potential energy rating was B.

61 OAK AVENUE Sold Prices

Land registry data shows two sales for 61 OAK 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. One of the two 61 OAK AVENUE sales was for above the average price, whilst the other was 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
2020 10 NOV	£385,000	£376,455	2% above HPI
2018 4 MAY	£330,000	£341,082	3% below HPI

61 OAK 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 61 OAK AVENUE sales from May 2018 and November 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 May 2018 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the November 2020 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 61 OAK AVENUE be worth now?

61 OAK AVENUE might now be worth an estimated £450,085.

This is based on house price inflation of 16.9%, between November 2020 and February 2025, for detached houses, in the South Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.9% inflationary increase is applied to the most recent sale price for 61 OAK AVENUE of £385,000 on 10th November 2020. For the value to have increased from £385,000 to £450,085 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 61 OAK AVENUE has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The November 2020 sale price of £385,000 represented a fair market value for the property.
• The size, condition, and specification of 61 OAK AVENUE has not materially changed since November 2020.

How Large is 61 OAK AVENUE?

61 OAK AVENUE is 115m² according to the EPC inspection conducted in April 2018. This puts it in the smallest 50% of detached houses houses in Loddon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Loddon, and where 61 OAK AVENUE lies on this distribution: 45% of detached houses houses are smaller than 61 OAK AVENUE, and 52% of houses are larger. Note that EPC data is not available for all properties in Loddon.

61 OAK AVENUE: Plot and Title Map

61 OAK AVENUE sits on a plot of roughly 0.085 of an acre, or 344m². The below map shows the location of 61 OAK 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 61 OAK 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 61 OAK AVENUE?

61 OAK AVENUE is located in LODDON, in the NR14 postcode district. The below map shows the position of No. 61 on OAK AVENUE.