1B, CHAPEL ROAD, STRUMPSHAW, NORWICH, NR13 4PA - £408,000

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

1B CHAPEL ROAD is a large detached house of 139m², built sometime from 2007 onwards. It was last sold for £408,000 in March 2022, which was around 1% above the average March 2022 detached price in the Broadland local authority area. The most recent EPC inspection was June 2013, where the current energy rating was C, and the potential energy rating was B.

1B CHAPEL ROAD Sold Prices

Land registry data shows three sales for 1B CHAPEL ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. All of the three 1B CHAPEL ROAD sales were for above 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
2022 31 MAR	£408,000	£405,618	1% above HPI
2013 18 OCT	£310,000	£251,000	24% above HPI
2007 25 MAY	£278,000	£248,773	12% above HPI

1B CHAPEL ROAD 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 three 1B CHAPEL ROAD sales between May 2007 and March 2022 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 October 2013 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the March 2022 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 1B CHAPEL ROAD?

1B CHAPEL ROAD is 139m² according to the EPC inspection conducted in June 2013. This puts it in the largest 30% of detached houses in Lingwood, based on EPC data. The below chart shows the distribution of detached houses by size in Lingwood, and where 1B CHAPEL ROAD lies on this distribution: 79% of detached houses are smaller than 1B CHAPEL ROAD, and 21% of houses are larger. Note that EPC data is not available for all properties in Lingwood.

1B CHAPEL ROAD: Plot and Title Map

1B CHAPEL ROAD sits on a plot of roughly 0.109 of an acre, or 441m². The below map shows the location of 1B CHAPEL ROAD, 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 1B CHAPEL ROAD). 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 1B CHAPEL ROAD?

1B CHAPEL ROAD is located in STRUMPSHAW, in the NR13 postcode district. The below map shows the position of No. 1B on CHAPEL ROAD.