15, CHAPEL COURT, NORWICH, NR6 5NU - £240,000

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.

15 CHAPEL COURT is a large extended detached house of 124m², built sometime between 1967 and 1975, which could now be worth an estimated £317,906. It was last sold for £240,000 in February 2017, which was around 25% below the average February 2017 detached price in the Broadland local authority area. The most recent EPC inspection was April 2016, where the current energy rating was C, and the potential energy rating was B.

15 CHAPEL COURT Sold Prices

Land registry data shows two sales for 15 CHAPEL COURT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. Both of the two 15 CHAPEL COURT 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 24 FEB	£240,000	£319,752	25% below HPI
2000 17 MAR	£82,500	£103,837	21% below HPI

15 CHAPEL COURT Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broadland local authority area over time, sourced from the HPI. The two 15 CHAPEL COURT sales from March 2000 and February 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 March 2000 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the February 2017 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 15 CHAPEL COURT be worth now?

15 CHAPEL COURT might now be worth an estimated £317,906.

This is based on house price inflation of 32.5%, between February 2017 and February 2025, for detached houses, in the Broadland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 32.5% inflationary increase is applied to the most recent sale price for 15 CHAPEL COURT of £240,000 on 24th February 2017. For the value to have increased from £240,000 to £317,906 over the eight years to February 2025, the following assumptions must hold true:

• The value of 15 CHAPEL COURT has moved in line with the HPI for detached houses in the Broadland local authority area.
• The February 2017 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 15 CHAPEL COURT has not materially changed since February 2017.

How Large is 15 CHAPEL COURT?

15 CHAPEL COURT is 124m², which includes two extensions, according to the EPC inspection conducted in April 2016. This puts it in the largest 40% of detached houses houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses houses by size in Norwich, and where 15 CHAPEL COURT lies on this distribution: 66% of detached houses houses are smaller than 15 CHAPEL COURT, and 34% of houses are larger. Note that EPC data is not available for all properties in Norwich.

15 CHAPEL COURT: Plot and Title Map

15 CHAPEL COURT sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of 15 CHAPEL COURT, 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 15 CHAPEL COURT). 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 15 CHAPEL COURT?

15 CHAPEL COURT is located in NORWICH, in the NR6 postcode district. The below map shows the position of No. 15 on CHAPEL COURT.