2, CHANCEL CLOSE, BRUNDALL, NORWICH, NR13 5NA - £275,000

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

2 CHANCEL CLOSE is a midsized detached house of 105m², built sometime between 1967 and 1975, which could now be worth an estimated £425,179. It was last sold for £275,000 in June 2015, which was around 1% below the average June 2015 detached price in the Broadland local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was B.

2 CHANCEL CLOSE Sold Prices

Land registry data shows two sales for 2 CHANCEL CLOSE 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 2 CHANCEL CLOSE 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 30 JUN	£275,000	£277,667	1% below HPI
1999 10 AUG	£90,000	£92,241	2% below HPI

2 CHANCEL CLOSE 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 2 CHANCEL CLOSE sales from August 1999 and June 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 August 1999 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the June 2015 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 2 CHANCEL CLOSE be worth now?

2 CHANCEL CLOSE might now be worth an estimated £425,179.

This is based on house price inflation of 54.6%, between June 2015 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 54.6% inflationary increase is applied to the most recent sale price for 2 CHANCEL CLOSE of £275,000 on 30th June 2015. For the value to have increased from £275,000 to £425,179 over the eight years and six months to December 2024, the following assumptions must hold true:

• The value of 2 CHANCEL CLOSE has moved in line with the HPI for detached houses in the Broadland local authority area.
• The June 2015 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CHANCEL CLOSE has not materially changed since June 2015.

How Large is 2 CHANCEL CLOSE?

2 CHANCEL CLOSE is 105m² according to the EPC inspection conducted in October 2016. This puts it in the smallest 50% of detached houses houses in Brundall, based on EPC data. The below chart shows the distribution of detached houses houses by size in Brundall, and where 2 CHANCEL CLOSE lies on this distribution: 41% of detached houses houses are smaller than 2 CHANCEL CLOSE, and 59% of houses are larger. Note that EPC data is not available for all properties in Brundall.

2 CHANCEL CLOSE: Plot and Title Map

2 CHANCEL CLOSE sits on a plot of roughly 0.159 of an acre, or 642m². The below map shows the location of 2 CHANCEL CLOSE, 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 2 CHANCEL CLOSE). 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 2 CHANCEL CLOSE?

2 CHANCEL CLOSE is located in BRUNDALL, in the NR13 postcode district. The below map shows the position of No. 2 on CHANCEL CLOSE.