3, CHAPEL HILL, WOODTON, BUNGAY, NR35 2NX - £345,000

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

3 CHAPEL HILL is a small extended detached house of 115m², built sometime before 1900. It was last sold for £345,000 in February 2022, which was around 13% below the average February 2022 detached price in the South Norfolk local authority area. The most recent EPC inspection was June 2021, where the current energy rating was E, and the potential energy rating was D.

3 CHAPEL HILL Sold Prices

Land registry data shows three sales for 3 CHAPEL HILL since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. All of the three 3 CHAPEL HILL 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
2022 4 FEB	£345,000	£394,782	13% below HPI
2013 6 NOV	£156,000	£247,142	37% below HPI
2005 9 SEP	£158,000	£228,438	31% below HPI

3 CHAPEL HILL Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The three 3 CHAPEL HILL sales between September 2005 and February 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 November 2013 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the February 2022 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 3 CHAPEL HILL?

3 CHAPEL HILL is 115m², which includes one extension, according to the EPC inspection conducted in June 2021. This puts it in the smallest 30% of detached houses in Woodton, based on EPC data. The below chart shows the distribution of detached houses by size in Woodton, and where 3 CHAPEL HILL lies on this distribution: 26% of detached houses are smaller than 3 CHAPEL HILL, and 74% of houses are larger. Note that EPC data is not available for all properties in Woodton.

3 CHAPEL HILL: Plot and Title Map

3 CHAPEL HILL sits on a plot of roughly 0.040 of an acre, or 160m². The below map shows the location of 3 CHAPEL HILL, 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 HILL). 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 HILL?

3 CHAPEL HILL is located in WOODTON, in the NR35 postcode district. The below map shows the position of No. 3 on CHAPEL HILL.