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
2 CHESTNUT AVENUE is a large extended detached house of 129m², built sometime between 1976 and 1982. It was last sold for £144,000 in August 2002, which was around 6% above the average August 2002 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was April 2011, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows three sales for 2 CHESTNUT AVENUE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the King's Lynn and West Norfolk local authority area for the corresponding sale date. All of the three 2 CHESTNUT AVENUE 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 |
---|---|---|---|
2002 21 AUG | £144,000 | £136,280 | 6% above HPI |
2000 26 JUN | £93,000 | £92,384 | 1% above HPI |
1997 7 NOV | £80,000 | £69,388 | 15% above HPI |
The below graph shows the average detached house price in the King's Lynn and West Norfolk local authority area over time, sourced from the HPI. The three 2 CHESTNUT AVENUE sales between November 1997 and August 2002 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 June 2000 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the August 2002 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.
2 CHESTNUT AVENUE is 129m², which includes one extension, according to the EPC inspection conducted in April 2011. This puts it in the largest 40% of detached houses in West Winch, based on EPC data. The below chart shows the distribution of detached houses by size in West Winch, and where 2 CHESTNUT AVENUE lies on this distribution: 65% of detached houses are smaller than 2 CHESTNUT AVENUE, and 35% of houses are larger. Note that EPC data is not available for all properties in West Winch.
2 CHESTNUT AVENUE sits on a plot of roughly 0.131 of an acre, or 530m². 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.
2 CHESTNUT AVENUE is located in WEST WINCH, in the PE33 postcode district. The below map shows the position of No. 2 on CHESTNUT AVENUE.