38, CHAPEL STREET, BARFORD, NORWICH, NR9 4AB - £320,000

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

38 CHAPEL STREET is a small extended detached house of 107m², built sometime between 1967 and 1975. It was last sold for £320,000 in July 2020, which was around 9% below the average July 2020 detached price in the South Norfolk local authority area. The most recent EPC inspection was February 2018, where the current energy rating was C, and the potential energy rating was B.

38 CHAPEL STREET Sold Prices

Land registry data shows four sales for 38 CHAPEL STREET since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. All of the four 38 CHAPEL STREET 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 2 JUL	£320,000	£350,999	9% below HPI
2019 18 APR	£320,000	£340,598	6% below HPI
2013 15 FEB	£159,000	£237,845	33% below HPI
2001 30 APR	£89,000	£125,381	29% below HPI

38 CHAPEL STREET 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 four 38 CHAPEL STREET sales between April 2001 and July 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 April 2019 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the July 2020 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 38 CHAPEL STREET?

38 CHAPEL STREET is 107m², which includes one extension, according to the EPC inspection conducted in February 2018. This puts it in the smallest 30% of detached houses in Barford, based on EPC data. The below chart shows the distribution of detached houses by size in Barford, and where 38 CHAPEL STREET lies on this distribution: 22% of detached houses are smaller than 38 CHAPEL STREET, and 78% of houses are larger. Note that EPC data is not available for all properties in Barford.

38 CHAPEL STREET: Plot and Title Map

38 CHAPEL STREET sits on a plot of roughly 0.094 of an acre, or 380m². The below map shows the location of 38 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 38 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.

Where is 38 CHAPEL STREET?

38 CHAPEL STREET is located in BARFORD, in the NR9 postcode district. The below map shows the position of No. 38 on CHAPEL STREET.