2, TAVERHAM CHASE, TAVERHAM, NORWICH, NR8 6NZ - £320,000

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 TAVERHAM CHASE is a very small detached house of 89m², built sometime between 1967 and 1975. It was last sold for £320,000 in May 2024, which was around 23% below the average May 2024 detached price in the Broadland local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was B.

2 TAVERHAM CHASE Sold Prices

Land registry data shows four sales for 2 TAVERHAM CHASE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. All of the four 2 TAVERHAM CHASE 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
2024 9 MAY	£320,000	£414,513	23% below HPI
2021 28 MAY	£302,000	£355,624	15% below HPI
2011 29 JUL	£182,500	£236,397	23% below HPI
2007 19 OCT	£193,950	£259,161	25% below HPI

2 TAVERHAM CHASE 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 four 2 TAVERHAM CHASE sales between October 2007 and May 2024 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 May 2021 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the May 2024 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 2 TAVERHAM CHASE?

2 TAVERHAM CHASE is 89m² according to the EPC inspection conducted in March 2021. This puts it in the smallest 20% of detached houses in Taverham, based on EPC data. The below chart shows the distribution of detached houses by size in Taverham, and where 2 TAVERHAM CHASE lies on this distribution: 19% of detached houses are smaller than 2 TAVERHAM CHASE, and 80% of houses are larger. Note that EPC data is not available for all properties in Taverham.

2 TAVERHAM CHASE: Plot and Title Map

2 TAVERHAM CHASE sits on a plot of roughly 0.075 of an acre, or 303m². The below map shows the location of 2 TAVERHAM CHASE, 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 TAVERHAM CHASE). 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 TAVERHAM CHASE?

2 TAVERHAM CHASE is located in TAVERHAM, in the NR8 postcode district. The below map shows the position of No. 2 on TAVERHAM CHASE.