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
13 CHESTNUT AVENUE is a very large extended detached house of 130m², built sometime between 1991 and 1995. It was last sold for £350,000 in May 2022, which was around 17% below the average May 2022 detached price in the North Norfolk local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows two sales for 13 CHESTNUT AVENUE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. Both of the two 13 CHESTNUT AVENUE 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 |
---|---|---|---|
2022 13 MAY | £350,000 | £423,902 | 17% below HPI |
2020 18 SEP | £251,250 | £374,049 | 33% below HPI |
The below graph shows the average detached house price in the North Norfolk local authority area over time, sourced from the HPI. The two 13 CHESTNUT AVENUE sales from September 2020 and May 2022 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 2020 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the May 2022 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.
13 CHESTNUT AVENUE is 130m², which includes two extensions, according to the EPC inspection conducted in July 2020. This puts it in the largest 20% of detached houses in North Walsham, based on EPC data. The below chart shows the distribution of detached houses by size in North Walsham, and where 13 CHESTNUT AVENUE lies on this distribution: 82% of detached houses are smaller than 13 CHESTNUT AVENUE, and 18% of houses are larger. Note that EPC data is not available for all properties in North Walsham.
13 CHESTNUT AVENUE sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of 13 CHESTNUT AVENUE, 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 13 CHESTNUT AVENUE). 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.
13 CHESTNUT AVENUE is located in NORTH WALSHAM, in the NR28 postcode district. The below map shows the position of No. 13 on CHESTNUT AVENUE.