Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
3 CHAPEL STREET is a very large extended detached house of 222m², built sometime between 1950 and 1966. It was last sold for £495,000 in June 2022, which was around 22% above the average June 2022 detached price in the South Norfolk local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 3 CHAPEL STREET since 1st 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. Two of the three 3 CHAPEL STREET sales were for above the average price, whilst one was 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 13 JUN | £495,000 | £404,288 | 22% above HPI |
2000 12 MAY | £105,000 | £110,688 | 5% below HPI |
1996 30 AUG | £82,000 | £77,270 | 6% above HPI |
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 STREET sales between August 1996 and June 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 May 2000 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the June 2022 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.
3 CHAPEL STREET is 222m², which includes two extensions, according to the EPC inspection conducted in March 2022. This puts it in the largest 10% of detached houses in Barford, based on EPC data. The below chart shows the distribution of detached houses by size in Barford, and where 3 CHAPEL STREET lies on this distribution: 92% of detached houses are smaller than 3 CHAPEL STREET, and 8% of houses are larger. Note that EPC data is not available for all properties in Barford.
3 CHAPEL STREET sits on a plot of roughly 0.237 of an acre, or 960m². The below map shows the location of 3 CHAPEL STREET, 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 STREET). 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.
3 CHAPEL STREET is located in BARFORD, in the NR9 postcode district. The below map shows the position of No. 3 on CHAPEL STREET.