Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
18 CHESTNUT AVENUE is a very large extended detached house of 129m², built sometime between 1996 and 2002. It was last sold for £194,000 in January 2015, which was around 28% below the average January 2015 detached price in the North Norfolk local authority area. The most recent EPC inspection was April 2010, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 18 CHESTNUT AVENUE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. All of the three 18 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 |
---|---|---|---|
2015 14 JAN | £194,000 | £268,829 | 28% below HPI |
2011 18 FEB | £139,000 | £228,144 | 39% below HPI |
1996 20 DEC | £58,000 | £70,391 | 18% 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 three 18 CHESTNUT AVENUE sales between December 1996 and January 2015 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 February 2011 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the January 2015 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.
18 CHESTNUT AVENUE is 129m², which includes two extensions, according to the EPC inspection conducted in April 2010. 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 18 CHESTNUT AVENUE lies on this distribution: 82% of detached houses are smaller than 18 CHESTNUT AVENUE, and 18% of houses are larger. Note that EPC data is not available for all properties in North Walsham.
18 CHESTNUT AVENUE sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of 18 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 18 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.
18 CHESTNUT AVENUE is located in NORTH WALSHAM, in the NR28 postcode district. The below map shows the position of No. 18 on CHESTNUT AVENUE.