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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 CHAPEL AVENUE is a very small detached house of 57m², built sometime between 1967 and 1975, which could now be worth an estimated £256,428. It was last sold for £210,000 in March 2020, which was around 42% 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	£360,413	42% below HPI
2014 20 MAR	£80,000	£260,656	69% below HPI
2006 3 JUL	£105,000	£243,271	57% 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 69% below the HPI. So the extrapolation line tracks at 69% below the HPI over time, until the March 2020 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might 2 CHAPEL AVENUE be worth now?

2 CHAPEL AVENUE might now be worth an estimated £256,428.

This is based on house price inflation of 22.1%, between March 2020 and February 2025, for detached houses, in the South Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 22.1% inflationary increase is applied to the most recent sale price for 2 CHAPEL AVENUE of £210,000 on 26th March 2020. For the value to have increased from £210,000 to £256,428 over the five years and one month to February 2025, the following assumptions must hold true:

• The value of 2 CHAPEL AVENUE has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The March 2020 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CHAPEL AVENUE has not materially changed since March 2020.

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 houses in Long Stratton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Long Stratton, and where 2 CHAPEL AVENUE lies on this distribution: 3% of detached houses 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.