7, THE AVENUE, HORNING, NORWICH, NR12 8LR - £267,000

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

7 THE AVENUE is a very small extended detached house of 82m², built sometime between 1967 and 1975. It was last sold for £267,000 in February 2019, which was around 24% below the average February 2019 detached price in the North Norfolk local authority area. The most recent EPC inspection was May 2018, where the current energy rating was C, and the potential energy rating was B.

7 THE AVENUE Sold Prices

Land registry data shows two sales for 7 THE 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 North Norfolk local authority area for the corresponding sale date. Both of the two 7 THE 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
2019 14 FEB	£267,000	£349,463	24% below HPI
2017 7 SEP	£175,000	£331,136	47% below HPI

7 THE AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Norfolk local authority area over time, sourced from the HPI. The two 7 THE AVENUE sales from September 2017 and February 2019 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 September 2017 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the February 2019 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 7 THE AVENUE?

7 THE AVENUE is 82m², which includes one extension, according to the EPC inspection conducted in May 2018. This puts it in the smallest 20% of detached houses in Horning, based on EPC data. The below chart shows the distribution of detached houses by size in Horning, and where 7 THE AVENUE lies on this distribution: 14% of detached houses are smaller than 7 THE AVENUE, and 86% of houses are larger. Note that EPC data is not available for all properties in Horning.

7 THE AVENUE: Plot and Title Map

7 THE AVENUE sits on a plot of roughly 0.192 of an acre, or 777m². The below map shows the location of 7 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 7 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.

Where is 7 THE AVENUE?

7 THE AVENUE is located in HORNING, in the NR12 postcode district. The below map shows the position of No. 7 on THE AVENUE.