2, CHAPEL AVENUE, LONG STRATTON, NORWICH, NR15 2TE - £210,000

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

2 CHAPEL AVENUE is a very small detached house of 57m², built sometime between 1967 and 1975. It was last sold for £210,000 in March 2020, which was around 40% below the average March 2020 detached price in the South Norfolk local authority area. The most recent EPC inspection was June 2019, where the current energy rating was F, and the potential energy rating was B.

2 CHAPEL AVENUE Sold Prices

Land registry data shows three sales for 2 CHAPEL AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. All of the three 2 CHAPEL 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
2020 26 MAR	£210,000	£349,462	40% below HPI
2014 20 MAR	£80,000	£252,736	68% below HPI
2006 3 JUL	£105,000	£235,879	55% below HPI

2 CHAPEL AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The three 2 CHAPEL AVENUE sales between July 2006 and March 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 March 2014 sale was for 68% below the HPI. So the extrapolation line tracks at 68% below the HPI over time, until the March 2020 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 2 CHAPEL AVENUE?

2 CHAPEL AVENUE is 57m² according to the EPC inspection conducted in June 2019. This puts it in the smallest 10% of detached houses in Long Stratton, based on EPC data. The below chart shows the distribution of detached houses by size in Long Stratton, and where 2 CHAPEL AVENUE lies on this distribution: 3% of detached houses are smaller than 2 CHAPEL AVENUE, and 97% of houses are larger. Note that EPC data is not available for all properties in Long Stratton.

2 CHAPEL AVENUE: Plot and Title Map

2 CHAPEL AVENUE sits on a plot of roughly 0.098 of an acre, or 398m². The below map shows the location of 2 CHAPEL 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 2 CHAPEL 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 2 CHAPEL AVENUE?

2 CHAPEL AVENUE is located in LONG STRATTON, in the NR15 postcode district. The below map shows the position of No. 2 on CHAPEL AVENUE.