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

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.

1 CHAPEL PLACE is a very small detached house of 57m², built sometime between 1967 and 1975, which could now be worth an estimated £145,021. 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	£355,833	59% below HPI
1998 23 JAN	£34,500	£77,439	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.

What might 1 CHAPEL PLACE be worth now?

1 CHAPEL PLACE might now be worth an estimated £145,021.

This is based on house price inflation of 0%, between February 2023 and February 2025, for detached houses, in the Broxtowe local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0% inflationary increase is applied to the most recent sale price for 1 CHAPEL PLACE of £145,000 on 28th February 2023. For the value to have increased from £145,000 to £145,021 over the two years to February 2025, the following assumptions must hold true:

• The value of 1 CHAPEL PLACE has moved in line with the HPI for detached houses in the Broxtowe local authority area.
• The February 2023 sale price of £145,000 represented a fair market value for the property.
• The size, condition, and specification of 1 CHAPEL PLACE has not materially changed since February 2023.

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 houses in Kimberley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kimberley, and where 1 CHAPEL PLACE lies on this distribution: 3% of detached houses 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.