THE OLD CHAPEL, CHAPEL LANE, HOCKERING, DEREHAM, NR20 3HR - £245,000

THE OLD CHAPEL is a very small detached house of 86m², built sometime before 1900. It was last sold for £245,000 in December 2017, which was around 18% below the average December 2017 detached price in the Breckland local authority area. The most recent EPC inspection was October 2008, where the current energy rating was E, and the potential energy rating was D.

THE OLD CHAPEL Sold Prices

Land registry data shows five sales for THE OLD CHAPEL since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. Most of the five THE OLD CHAPEL 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
2017 21 DEC	£245,000	£300,154	18% below HPI
2010 17 SEP	£212,000	£214,634	1% below HPI
2004 23 APR	£187,500	£182,156	3% above HPI
1998 23 OCT	£87,500	£79,087	11% above HPI
1997 28 MAY	£22,000	£67,559	67% below HPI

THE OLD CHAPEL Price Paid vs. HPI Average

The below graph shows the average detached house price in the Breckland local authority area over time, sourced from the HPI. The five THE OLD CHAPEL sales between May 1997 and December 2017 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 2010 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the December 2017 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is THE OLD CHAPEL?

THE OLD CHAPEL is 86m² according to the EPC inspection conducted in October 2008. This puts it in the smallest 20% of detached houses in Hockering, based on EPC data. The below chart shows the distribution of detached houses by size in Hockering, and where THE OLD CHAPEL lies on this distribution: 18% of detached houses are smaller than THE OLD CHAPEL, and 82% of houses are larger. Note that EPC data is not available for all properties in Hockering.

THE OLD CHAPEL: Plot and Title Map

THE OLD CHAPEL sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of THE OLD CHAPEL, 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 THE OLD CHAPEL). 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 THE OLD CHAPEL?

THE OLD CHAPEL is located on CHAPEL LANE in HOCKERING, in the NR20 postcode district. The below map shows the position of THE OLD CHAPEL on CHAPEL LANE.