7, NORTH PARK AVENUE, NORWICH, NR4 7EE - £238,000

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.

7 NORTH PARK AVENUE is a very small detached house of 69m², built sometime between 1967 and 1975, which could now be worth an estimated £276,582. It was last sold for £238,000 in November 2018, which was around 40% below the average November 2018 detached price in the Norwich local authority area. The most recent EPC inspection was December 2010, where the current energy rating was D, and the potential energy rating was C.

7 NORTH PARK AVENUE Sold Prices

Land registry data shows two sales for 7 NORTH PARK 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 Norwich local authority area for the corresponding sale date. Both of the two 7 NORTH PARK 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 NOV	£238,000	£397,621	40% below HPI
2007 27 APR	£192,500	£281,871	32% below HPI

7 NORTH PARK AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Norwich local authority area over time, sourced from the HPI. The two 7 NORTH PARK AVENUE sales from April 2007 and November 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 2007 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the November 2018 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 7 NORTH PARK AVENUE be worth now?

7 NORTH PARK AVENUE might now be worth an estimated £276,582.

This is based on house price inflation of 16.2%, between November 2018 and February 2025, for detached houses, in the Norwich local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.2% inflationary increase is applied to the most recent sale price for 7 NORTH PARK AVENUE of £238,000 on 29th November 2018. For the value to have increased from £238,000 to £276,582 over the seven years and nine months to February 2025, the following assumptions must hold true:

• The value of 7 NORTH PARK AVENUE has moved in line with the HPI for detached houses in the Norwich local authority area.
• The November 2018 sale price of £238,000 represented a fair market value for the property.
• The size, condition, and specification of 7 NORTH PARK AVENUE has not materially changed since November 2018.

How Large is 7 NORTH PARK AVENUE?

7 NORTH PARK AVENUE is 69m² according to the EPC inspection conducted in December 2010. This puts it in the smallest 10% of detached houses houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses houses by size in Norwich, and where 7 NORTH PARK AVENUE lies on this distribution: 8% of detached houses houses are smaller than 7 NORTH PARK AVENUE, and 92% of houses are larger. Note that EPC data is not available for all properties in Norwich.

7 NORTH PARK AVENUE: Plot and Title Map

7 NORTH PARK AVENUE sits on a plot of roughly 0.122 of an acre, or 495m². The below map shows the location of 7 NORTH PARK 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 7 NORTH PARK 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 7 NORTH PARK AVENUE?

7 NORTH PARK AVENUE is located in NORWICH, in the NR4 postcode district. The below map shows the position of No. 7 on NORTH PARK AVENUE.