3, CHAPEL MEADOW, KIRBY CANE, BUNGAY, NR35 2PR - £250,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 CHAPEL MEADOW is a very small detached house of 67m², built sometime between 1950 and 1966, which could now be worth an estimated £266,318. It was last sold for £250,000 in August 2024, which was around 38% below the average August 2024 detached price in the South Norfolk local authority area. The most recent EPC inspection was June 2017, where the current energy rating was B, and the potential energy rating was A.

3 CHAPEL MEADOW Sold Prices

Land registry data shows six sales for 3 CHAPEL MEADOW since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. All of the six 3 CHAPEL MEADOW 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 23 AUG	£250,000	£404,946	38% below HPI
2017 3 OCT	£215,000	£338,005	36% below HPI
2014 1 MAY	£172,000	£261,720	34% below HPI
2013 20 MAY	£137,500	£246,225	44% below HPI
1999 11 JUN	£66,500	£95,927	31% below HPI
1995 23 OCT	£51,000	£73,752	31% below HPI

3 CHAPEL MEADOW 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 six 3 CHAPEL MEADOW sales between October 1995 and August 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 October 2017 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the August 2024 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might 3 CHAPEL MEADOW be worth now?

3 CHAPEL MEADOW might now be worth an estimated £266,318.

This is based on house price inflation of 6.5%, between August 2024 and December 2024, for detached houses, in the South Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 6.5% inflationary increase is applied to the most recent sale price for 3 CHAPEL MEADOW of £250,000 on 23rd August 2024. For the value to have increased from £250,000 to £266,318 over the eight months to December 2024, the following assumptions must hold true:

• The value of 3 CHAPEL MEADOW has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The August 2024 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 3 CHAPEL MEADOW has not materially changed since August 2024.

How Large is 3 CHAPEL MEADOW?

3 CHAPEL MEADOW is 67m² according to the EPC inspection conducted in June 2017. This puts it in the smallest 10% of detached houses houses in Kirby Cane, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kirby Cane, and where 3 CHAPEL MEADOW lies on this distribution: 4% of detached houses houses are smaller than 3 CHAPEL MEADOW, and 93% of houses are larger. Note that EPC data is not available for all properties in Kirby Cane.

3 CHAPEL MEADOW: Plot and Title Map

3 CHAPEL MEADOW sits on a plot of roughly 0.100 of an acre, or 403m². The below map shows the location of 3 CHAPEL MEADOW, 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 MEADOW). 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 MEADOW?

3 CHAPEL MEADOW is located in KIRBY CANE, in the NR35 postcode district. The below map shows the position of No. 3 on CHAPEL MEADOW.