2, CHESTNUT AVENUE, NORTH WALSHAM, NR28 9XH - £235,000

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 CHESTNUT AVENUE is a very small detached house of 74m², built sometime between 1991 and 1995. It was last sold for £235,000 in January 2021, which was around 38% below the average January 2021 detached price in the North Norfolk local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was B.

2 CHESTNUT AVENUE Sold Prices

Land registry data shows two sales for 2 CHESTNUT AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. Both of the two 2 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
2021 29 JAN	£235,000	£376,042	38% below HPI
2006 27 JUL	£155,000	£229,176	32% below HPI

2 CHESTNUT AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Norfolk local authority area over time, sourced from the HPI. The two 2 CHESTNUT AVENUE sales from July 2006 and January 2021 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 July 2006 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the January 2021 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 2 CHESTNUT AVENUE?

2 CHESTNUT AVENUE is 74m² according to the EPC inspection conducted in October 2020. This puts it in the smallest 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 2 CHESTNUT AVENUE lies on this distribution: 16% of detached houses are smaller than 2 CHESTNUT AVENUE, and 83% of houses are larger. Note that EPC data is not available for all properties in North Walsham.

2 CHESTNUT AVENUE: Plot and Title Map

2 CHESTNUT AVENUE sits on a plot of roughly 0.114 of an acre, or 460m². The below map shows the location of 2 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 2 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.

Where is 2 CHESTNUT AVENUE?

2 CHESTNUT AVENUE is located in NORTH WALSHAM, in the NR28 postcode district. The below map shows the position of No. 2 on CHESTNUT AVENUE.