3, CHAPEL ROAD, UPTON, NORWICH, NR13 6BT - £340,000

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 ROAD is a very small extended detached house of 81m², built sometime between 1950 and 1966. It was last sold for £340,000 in December 2022, which was around 20% below the average December 2022 detached price in the Broadland local authority area. The most recent EPC inspection was June 2020, where the current energy rating was E, and the potential energy rating was A.

3 CHAPEL ROAD Sold Prices

Land registry data shows two sales for 3 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 3 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
2022 9 DEC	£340,000	£424,988	20% below HPI
2021 11 JUN	£295,000	£361,326	18% below HPI

3 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 3 CHAPEL ROAD sales from June 2021 and December 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 June 2021 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the December 2022 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 3 CHAPEL ROAD?

3 CHAPEL ROAD is 81m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the smallest 10% of detached houses in Upton, based on EPC data. The below chart shows the distribution of detached houses by size in Upton, and where 3 CHAPEL ROAD lies on this distribution: 9% of detached houses are smaller than 3 CHAPEL ROAD, and 90% of houses are larger. Note that EPC data is not available for all properties in Upton.

3 CHAPEL ROAD: Plot and Title Map

3 CHAPEL ROAD sits on a plot of roughly 0.391 of an acre, or 1,583m². The below map shows the location of 3 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 3 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 3 CHAPEL ROAD?

3 CHAPEL ROAD is located in UPTON, in the NR13 postcode district. The below map shows the position of No. 3 on CHAPEL ROAD.