16, THE CHASE, BLOFIELD, NORWICH, NR13 4LZ - £270,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

16 THE CHASE is a small detached house of 101m², built sometime between 1976 and 1982, which could now be worth an estimated £333,476. It was last sold for £270,000 in April 2020, which was around 22% below the average April 2020 detached price in the Broadland local authority area. The most recent EPC inspection was August 2019, where the current energy rating was E, and the potential energy rating was B.

16 THE CHASE Sold Prices

Land registry data shows two sales for 16 THE CHASE 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 16 THE CHASE 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
2020 29 APR	£270,000	£347,586	22% below HPI
1995 15 DEC	£66,500	£73,076	9% below HPI

16 THE CHASE 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 16 THE CHASE sales from December 1995 and April 2020 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 December 1995 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the April 2020 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 16 THE CHASE be worth now?

16 THE CHASE might now be worth an estimated £333,476.

This is based on house price inflation of 23.5%, between April 2020 and December 2024, 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 23.5% inflationary increase is applied to the most recent sale price for 16 THE CHASE of £270,000 on 29th April 2020. For the value to have increased from £270,000 to £333,476 over the three years and four months to December 2024, the following assumptions must hold true:

• The value of 16 THE CHASE has moved in line with the HPI for detached houses in the Broadland local authority area.
• The April 2020 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 16 THE CHASE has not materially changed since April 2020.

How Large is 16 THE CHASE?

16 THE CHASE is 101m² according to the EPC inspection conducted in August 2019. This puts it in the smallest 30% of detached houses houses in Blofield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Blofield, and where 16 THE CHASE lies on this distribution: 24% of detached houses houses are smaller than 16 THE CHASE, and 72% of houses are larger. Note that EPC data is not available for all properties in Blofield.

16 THE CHASE: Plot and Title Map

16 THE CHASE sits on a plot of roughly 0.120 of an acre, or 484m². The below map shows the location of 16 THE CHASE, 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 THE CHASE). 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 THE CHASE?

16 THE CHASE is located in BLOFIELD, in the NR13 postcode district. The below map shows the position of No. 16 on THE CHASE.