22A, CHAPEL LANE, NORWICH, NR7 0EX - £623,000

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

22A CHAPEL LANE is a midsized extended detached house of 107m², built sometime between 1950 and 1966. It was last sold for £623,000 in November 2022, which was around 46% above the average November 2022 detached price in the Broadland local authority area. The most recent EPC inspection was October 2016, where the current energy rating was E, and the potential energy rating was C.

22A CHAPEL LANE Sold Prices

Land registry data shows three sales for 22A CHAPEL LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. Two of the three 22A CHAPEL LANE sales were for above the average price, whilst one was 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
2022 1 NOV	£623,000	£426,292	46% above HPI
2018 12 MAR	£417,500	£334,274	25% above HPI
1999 3 SEP	£78,000	£92,513	16% below HPI

22A CHAPEL LANE 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 three 22A CHAPEL LANE sales between September 1999 and November 2022 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 2018 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the November 2022 sale, where it rises to 46% above the HPI. The line then continues to track at 46% above the HPI.

How Large is 22A CHAPEL LANE?

22A CHAPEL LANE is 107m², which includes one extension, according to the EPC inspection conducted in October 2016. This puts it in the smallest 50% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 22A CHAPEL LANE lies on this distribution: 47% of detached houses are smaller than 22A CHAPEL LANE, and 51% of houses are larger. Note that EPC data is not available for all properties in Norwich.

22A CHAPEL LANE: Plot and Title Map

22A CHAPEL LANE sits on a plot of roughly 0.109 of an acre, or 440m². The below map shows the location of 22A CHAPEL LANE, 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 22A CHAPEL LANE). 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 22A CHAPEL LANE?

22A CHAPEL LANE is located in NORWICH, in the NR7 postcode district. The below map shows the position of No. 22A on CHAPEL LANE.