3, CHESTNUT GROVE, SHERINGHAM, NR26 8PH - £290,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 CHESTNUT GROVE is a small detached house of 92m², built sometime between 1976 and 1982, which could now be worth an estimated £343,744. It was last sold for £290,000 in February 2020, which was around 19% below the average February 2020 detached price in the North Norfolk local authority area. The most recent EPC inspection was December 2014, where the current energy rating was D, and the potential energy rating was B.

3 CHESTNUT GROVE Sold Prices

Land registry data shows five sales for 3 CHESTNUT GROVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. All of the five 3 CHESTNUT GROVE 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
2020 10 FEB	£290,000	£355,916	19% below HPI
2014 23 JUN	£212,000	£269,165	21% below HPI
2010 21 OCT	£240,000	£248,812	4% below HPI
2000 31 MAY	£96,000	£105,033	9% below HPI
1999 19 MAR	£64,500	£85,232	24% below HPI

3 CHESTNUT GROVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Norfolk local authority area over time, sourced from the HPI. The five 3 CHESTNUT GROVE sales between March 1999 and February 2020 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 2014 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the February 2020 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 3 CHESTNUT GROVE be worth now?

3 CHESTNUT GROVE might now be worth an estimated £343,744.

This is based on house price inflation of 18.5%, between February 2020 and June 2025, for detached houses, in the North Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.5% inflationary increase is applied to the most recent sale price for 3 CHESTNUT GROVE of £290,000 on 10th February 2020. For the value to have increased from £290,000 to £343,744 over the four years and eight months to June 2025, the following assumptions must hold true:

• The value of 3 CHESTNUT GROVE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The February 2020 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 3 CHESTNUT GROVE has not materially changed since February 2020.

How Large is 3 CHESTNUT GROVE?

3 CHESTNUT GROVE is 92m² according to the EPC inspection conducted in December 2014. This puts it in the smallest 30% of detached houses houses in Sheringham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sheringham, and where 3 CHESTNUT GROVE lies on this distribution: 25% of detached houses houses are smaller than 3 CHESTNUT GROVE, and 74% of houses are larger. Note that EPC data is not available for all properties in Sheringham.

3 CHESTNUT GROVE: Plot and Title Map

3 CHESTNUT GROVE sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of 3 CHESTNUT GROVE, 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 CHESTNUT GROVE). 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 CHESTNUT GROVE?

3 CHESTNUT GROVE is located in SHERINGHAM, in the NR26 postcode district. The below map shows the position of No. 3 on CHESTNUT GROVE.