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 ROAD is a very large extended semi-detached house of 225m², built sometime before 1900. It was last sold for £550,000 in February 2023, which was around 46% above the average February 2023 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 1 CHAPEL ROAD since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the King's Lynn and West Norfolk local authority area for the corresponding sale date. All of the four 1 CHAPEL ROAD sales were for above 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 15 FEB | £550,000 | £376,168 | 46% above HPI |
2013 22 MAR | £240,000 | £197,906 | 21% above HPI |
2009 3 APR | £355,000 | £188,754 | 88% above HPI |
1996 15 MAR | £120,000 | £56,709 | 112% above HPI |
The below graph shows the average detached house price in the King's Lynn and West Norfolk local authority area over time, sourced from the HPI. The four 1 CHAPEL ROAD sales between March 1996 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 March 2013 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the February 2023 sale, where it rises to 46% above the HPI. The line then continues to track at 46% above the HPI.
1 CHAPEL ROAD is 225m², which includes two extensions, according to the EPC inspection conducted in June 2022. This puts it in the largest 10% of detached houses in Dersingham, based on EPC data. The below chart shows the distribution of detached houses by size in Dersingham, and where 1 CHAPEL ROAD lies on this distribution: 97% of detached houses are smaller than 1 CHAPEL ROAD, and 3% of houses are larger. Note that EPC data is not available for all properties in Dersingham.
1 CHAPEL ROAD sits on a plot of roughly 0.088 of an acre, or 356m². The below map shows the location of 1 CHAPEL ROAD, 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 ROAD). 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.
1 CHAPEL ROAD is located in DERSINGHAM, in the PE31 postcode district. The below map shows the position of No. 1 on CHAPEL ROAD.