16, CHESTNUT AVENUE, NORTH WALSHAM, NR28 9XH - £152,500

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

16 CHESTNUT AVENUE is a very small semi-detached house of 56m², built sometime between 1996 and 2002. It was last sold for £152,500 in November 2014, which was around 45% below the average November 2014 detached price in the North Norfolk local authority area. The most recent EPC inspection was September 2014, where the current energy rating was C, and the potential energy rating was B.

16 CHESTNUT AVENUE Sold Prices

Land registry data shows two sales for 16 CHESTNUT AVENUE since 1^st 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 16 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
2014 19 NOV	£152,500	£275,432	45% below HPI
2002 22 MAR	£79,000	£140,541	44% below HPI

16 CHESTNUT AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Norfolk local authority area over time, sourced from the HPI. The two 16 CHESTNUT AVENUE sales from March 2002 and November 2014 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 2002 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the November 2014 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 16 CHESTNUT AVENUE?

16 CHESTNUT AVENUE is 56m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 10% 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 16 CHESTNUT AVENUE lies on this distribution: 2% of detached houses are smaller than 16 CHESTNUT AVENUE, and 97% of houses are larger. Note that EPC data is not available for all properties in North Walsham.

16 CHESTNUT AVENUE: Plot and Title Map

16 CHESTNUT AVENUE sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 16 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 16 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.

Where is 16 CHESTNUT AVENUE?

16 CHESTNUT AVENUE is located in NORTH WALSHAM, in the NR28 postcode district. The below map shows the position of No. 16 on CHESTNUT AVENUE.