1, CHAPEL PLACE, KIMBERLEY, NOTTINGHAM, NG16 2NQ - £145,000

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

1 CHAPEL PLACE is a very small detached house of 57m², built sometime between 1967 and 1975. It was last sold for £145,000 in February 2023, which was around 59% below the average February 2023 detached price in the Broxtowe local authority area. The most recent EPC inspection was December 2023, where the current energy rating was C, and the potential energy rating was B.

1 CHAPEL PLACE Sold Prices

Land registry data shows two sales for 1 CHAPEL PLACE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Broxtowe local authority area for the corresponding sale date. Both of the two 1 CHAPEL PLACE 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
2023 28 FEB	£145,000	£351,760	59% below HPI
1998 23 JAN	£34,500	£76,553	55% below HPI

1 CHAPEL PLACE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broxtowe local authority area over time, sourced from the HPI. The two 1 CHAPEL PLACE sales from January 1998 and February 2023 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 January 1998 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the February 2023 sale, where it falls to 59% below the HPI. The line then continues to track at 59% below the HPI.

How Large is 1 CHAPEL PLACE?

1 CHAPEL PLACE is 57m² according to the EPC inspection conducted in December 2023. This puts it in the smallest 10% of detached houses in Kimberley, based on EPC data. The below chart shows the distribution of detached houses by size in Kimberley, and where 1 CHAPEL PLACE lies on this distribution: 4% of detached houses are smaller than 1 CHAPEL PLACE, and 96% of houses are larger. Note that EPC data is not available for all properties in Kimberley.

1 CHAPEL PLACE: Plot and Title Map

1 CHAPEL PLACE sits on a plot of roughly 0.045 of an acre, or 182m². The below map shows the location of 1 CHAPEL PLACE, 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 1 CHAPEL PLACE). 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 1 CHAPEL PLACE?

1 CHAPEL PLACE is located in KIMBERLEY, in the NG16 postcode district. The below map shows the position of No. 1 on CHAPEL PLACE.