VENTNOR, ASHWELLTHORPE ROAD, WRENINGHAM, NORWICH, NR16 1AW - £425,000

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.

VENTNOR is a very small extended detached house of 119m², built sometime between 1976 and 1982, which could now be worth an estimated £464,955. It was last sold for £425,000 in November 2021, which was around 6% above the average November 2021 detached price in the South Norfolk local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was A.

VENTNOR Sold Prices

Land registry data shows three sales for VENTNOR 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. One of the three VENTNOR sales was for above the average price, whilst two 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
2021 5 NOV	£425,000	£402,276	6% above HPI
2009 1 MAY	£208,500	£215,537	3% below HPI
2001 11 MAY	£105,000	£131,444	20% below HPI

VENTNOR 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 VENTNOR sales between May 2001 and November 2021 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 May 2009 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the November 2021 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might VENTNOR be worth now?

VENTNOR might now be worth an estimated £464,955.

This is based on house price inflation of 9.4%, between November 2021 and February 2025, for detached houses, in the South Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 9.4% inflationary increase is applied to the most recent sale price for VENTNOR of £425,000 on 5th November 2021. For the value to have increased from £425,000 to £464,955 over the four years and nine months to February 2025, the following assumptions must hold true:

• The value of VENTNOR has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The November 2021 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of VENTNOR has not materially changed since November 2021.

How Large is VENTNOR?

VENTNOR is 119m², which includes one extension, according to the EPC inspection conducted in November 2015. This puts it in the smallest 20% of detached houses houses in Wreningham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wreningham, and where VENTNOR lies on this distribution: 18% of detached houses houses are smaller than VENTNOR, and 82% of houses are larger. Note that EPC data is not available for all properties in Wreningham.

VENTNOR: Plot and Title Map

VENTNOR sits on a plot of roughly 0.137 of an acre, or 554m². The below map shows the location of VENTNOR, 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 VENTNOR). 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 VENTNOR?

VENTNOR is located on ASHWELLTHORPE ROAD in WRENINGHAM, in the NR16 postcode district. The below map shows the position of VENTNOR on ASHWELLTHORPE ROAD.