41, CHAPEL LANE, WYMONDHAM, NR18 0DJ - £485,000

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

41 CHAPEL LANE is a large extended detached house of 131m², built sometime between 1930 and 1949. It was last sold for £485,000 in February 2021, which was around 34% above the average February 2021 detached price in the South Norfolk local authority area. The most recent EPC inspection was March 2011, where the current energy rating was F, and the potential energy rating was D.

41 CHAPEL LANE Sold Prices

Land registry data shows three sales for 41 CHAPEL LANE since 1^st 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. All of the three 41 CHAPEL LANE sales were for above 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
2021 8 FEB	£485,000	£361,883	34% above HPI
2011 20 OCT	£349,500	£235,629	48% above HPI
2000 19 JUN	£145,000	£111,772	30% above HPI

41 CHAPEL LANE 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 three 41 CHAPEL LANE sales between June 2000 and February 2021 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 2011 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the February 2021 sale, where it falls to 34% above the HPI. The line then continues to track at 34% above the HPI.

How Large is 41 CHAPEL LANE?

41 CHAPEL LANE is 131m², which includes one extension, according to the EPC inspection conducted in March 2011. This puts it in the largest 30% of detached houses in Wymondham, based on EPC data. The below chart shows the distribution of detached houses by size in Wymondham, and where 41 CHAPEL LANE lies on this distribution: 73% of detached houses are smaller than 41 CHAPEL LANE, and 27% of houses are larger. Note that EPC data is not available for all properties in Wymondham.

41 CHAPEL LANE: Plot and Title Map

41 CHAPEL LANE sits on a plot of roughly 0.171 of an acre, or 690m². The below map shows the location of 41 CHAPEL LANE, 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 41 CHAPEL LANE). 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 41 CHAPEL LANE?

41 CHAPEL LANE is located in WYMONDHAM, in the NR18 postcode district. The below map shows the position of No. 41 on CHAPEL LANE.