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

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.

16 CHESTNUT AVENUE is a very small semi-detached house of 56m², built sometime between 1996 and 2002, which could now be worth an estimated £236,312. It was last sold for £152,500 in November 2014, which was around 16% below the average November 2014 semi-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 semi-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	£181,904	16% below HPI
2002 22 MAR	£79,000	£88,223	10% below HPI

16 CHESTNUT AVENUE Price Paid vs. HPI Average

The below graph shows the average semi-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 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the November 2014 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 16 CHESTNUT AVENUE be worth now?

16 CHESTNUT AVENUE might now be worth an estimated £236,312.

This is based on house price inflation of 55%, between November 2014 and March 2025, for semi-detached houses, in the North Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 55% inflationary increase is applied to the most recent sale price for 16 CHESTNUT AVENUE of £152,500 on 19th November 2014. For the value to have increased from £152,500 to £236,312 over the eleven years and eight months to March 2025, the following assumptions must hold true:

• The value of 16 CHESTNUT AVENUE has moved in line with the HPI for semi-detached houses in the North Norfolk local authority area.
• The November 2014 sale price of £152,500 represented a fair market value for the property.
• The size, condition, and specification of 16 CHESTNUT AVENUE has not materially changed since November 2014.

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 semi-detached houses houses in North Walsham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in North Walsham, and where 16 CHESTNUT AVENUE lies on this distribution: 2% of semi-detached houses 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.