7, VICTORY GROVE, NORWICH, NR5 0US - £217,500

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

7 VICTORY GROVE is a large detached house of 137m², built sometime from 2007 onwards. It was last sold for £217,500 in April 2011, which was around 6% below the average April 2011 detached price in the South Norfolk local authority area. The most recent EPC inspection was March 2010, where the current energy rating was C, and the potential energy rating was C.

7 VICTORY GROVE Sold Prices

Land registry data shows three sales for 7 VICTORY GROVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. All of the three 7 VICTORY GROVE 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
2011 21 APR	£217,500	£230,900	6% below HPI
2009 7 AUG	£199,950	£218,466	8% below HPI
2008 22 DEC	£203,500	£209,015	3% below HPI

7 VICTORY GROVE 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 three 7 VICTORY GROVE sales between December 2008 and April 2011 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 August 2009 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the April 2011 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 7 VICTORY GROVE?

7 VICTORY GROVE is 137m² according to the EPC inspection conducted in March 2010. This puts it in the largest 30% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 7 VICTORY GROVE lies on this distribution: 74% of detached houses are smaller than 7 VICTORY GROVE, and 26% of houses are larger. Note that EPC data is not available for all properties in Norwich.

7 VICTORY GROVE: Plot and Title Map

7 VICTORY GROVE sits on a plot of roughly 0.129 of an acre, or 520m². The below map shows the location of 7 VICTORY GROVE, 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 VICTORY GROVE). 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 VICTORY GROVE?

7 VICTORY GROVE is located in NORWICH, in the NR5 postcode district. The below map shows the position of No. 7 on VICTORY GROVE.