3, CHAPEL CLOSE, REEPHAM, NORWICH, NR10 4QP - £175,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

3 CHAPEL CLOSE is a very small semi-detached house of 54m², built sometime between 1976 and 1982. It was last sold for £175,000 in March 2016, which was around 42% below the average March 2016 detached price in the Broadland local authority area. The most recent EPC inspection was December 2015, where the current energy rating was D, and the potential energy rating was B.

3 CHAPEL CLOSE Sold Prices

Land registry data shows three sales for 3 CHAPEL CLOSE 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. All of the three 3 CHAPEL CLOSE 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
2016 9 MAR	£175,000	£301,918	42% below HPI
2013 16 SEP	£146,000	£253,159	42% below HPI
2010 19 NOV	£142,950	£237,277	40% below HPI

3 CHAPEL CLOSE 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 3 CHAPEL CLOSE sales between November 2010 and March 2016 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 September 2013 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the March 2016 sale, which was also at 42% below the HPI.

How Large is 3 CHAPEL CLOSE?

3 CHAPEL CLOSE is 54m² according to the EPC inspection conducted in December 2015. This puts it in the smallest 10% of detached houses in Reepham, based on EPC data. The below chart shows the distribution of detached houses by size in Reepham, and where 3 CHAPEL CLOSE lies on this distribution: 2% of detached houses are smaller than 3 CHAPEL CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Reepham.

3 CHAPEL CLOSE: Plot and Title Map

3 CHAPEL CLOSE sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 3 CHAPEL CLOSE, 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 3 CHAPEL CLOSE). 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 3 CHAPEL CLOSE?

3 CHAPEL CLOSE is located in REEPHAM, in the NR10 postcode district. The below map shows the position of No. 3 on CHAPEL CLOSE.