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
8 PARK AVENUE is a midsized extended detached house of 138m², built sometime between 1967 and 1975. It was last sold for £380,000 in February 2020, which was around 10% above the average February 2020 detached price in the South Norfolk local authority area. The most recent EPC inspection was June 2019, where the current energy rating was E, and the potential energy rating was D.
Land registry data shows three sales for 8 PARK AVENUE since 1st 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 8 PARK 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 |
---|---|---|---|
2020 6 FEB | £380,000 | £346,328 | 10% above HPI |
2010 12 NOV | £305,000 | £237,320 | 29% above HPI |
2007 2 MAR | £250,000 | £248,079 | 1% above HPI |
The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The three 8 PARK AVENUE sales between March 2007 and February 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 November 2010 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the February 2020 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.
8 PARK AVENUE is 138m², which includes one extension, according to the EPC inspection conducted in June 2019. This puts it in the largest 50% of detached houses in Barford, based on EPC data. The below chart shows the distribution of detached houses by size in Barford, and where 8 PARK AVENUE lies on this distribution: 57% of detached houses are smaller than 8 PARK AVENUE, and 43% of houses are larger. Note that EPC data is not available for all properties in Barford.
8 PARK AVENUE sits on a plot of roughly 0.272 of an acre, or 1,099m². The below map shows the location of 8 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 8 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.
8 PARK AVENUE is located in BARFORD, in the NR9 postcode district. The below map shows the position of No. 8 on PARK AVENUE.