25, CHAPEL ROAD, STRUMPSHAW, NORWICH, NR13 4PA - £325,000

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

25 CHAPEL ROAD is a small detached house of 90m², built sometime between 1967 and 1975. It was last sold for £325,000 in February 2024, which was around 18% below the average February 2024 detached price in the Broadland local authority area. The most recent EPC inspection was September 2016, where the current energy rating was E, and the potential energy rating was B.

25 CHAPEL ROAD Sold Prices

Land registry data shows two sales for 25 CHAPEL ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. Both of the two 25 CHAPEL ROAD 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 12 FEB	£325,000	£397,218	18% below HPI
2016 2 DEC	£262,500	£315,073	17% below HPI

25 CHAPEL ROAD 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 two 25 CHAPEL ROAD sales from December 2016 and February 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 December 2016 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the February 2024 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 25 CHAPEL ROAD?

25 CHAPEL ROAD is 90m² according to the EPC inspection conducted in September 2016. This puts it in the smallest 40% of detached houses in Lingwood, based on EPC data. The below chart shows the distribution of detached houses by size in Lingwood, and where 25 CHAPEL ROAD lies on this distribution: 39% of detached houses are smaller than 25 CHAPEL ROAD, and 58% of houses are larger. Note that EPC data is not available for all properties in Lingwood.

25 CHAPEL ROAD: Plot and Title Map

25 CHAPEL ROAD sits on a plot of roughly 0.206 of an acre, or 834m². The below map shows the location of 25 CHAPEL ROAD, 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 25 CHAPEL ROAD). 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 25 CHAPEL ROAD?

25 CHAPEL ROAD is located in STRUMPSHAW, in the NR13 postcode district. The below map shows the position of No. 25 on CHAPEL ROAD.