AVANEDGE, THE ROSERY, MULBARTON, NORWICH, NR14 8AL - £185,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

AVANEDGE is a very small detached house of 85m², built sometime between 1991 and 1995. It was last sold for £185,000 in December 2005, which was around 19% below the average December 2005 detached price in the South Norfolk local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was A.

AVANEDGE Sold Prices

Land registry data shows two sales for AVANEDGE 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. Both of the two AVANEDGE 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
2005 16 DEC	£185,000	£226,999	19% below HPI
2004 26 NOV	£207,500	£223,697	7% below HPI

AVANEDGE 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 AVANEDGE sales from November 2004 and December 2005 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 2004 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the December 2005 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is AVANEDGE?

AVANEDGE is 85m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 20% of detached houses in Mulbarton, based on EPC data. The below chart shows the distribution of detached houses by size in Mulbarton, and where AVANEDGE lies on this distribution: 18% of detached houses are smaller than AVANEDGE, and 81% of houses are larger. Note that EPC data is not available for all properties in Mulbarton.

AVANEDGE: Plot and Title Map

AVANEDGE sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of AVANEDGE, 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 AVANEDGE). 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 AVANEDGE?

AVANEDGE is located on THE ROSERY in MULBARTON, in the NR14 postcode district. The below map shows the position of AVANEDGE on THE ROSERY.