43, CHAPEL ROAD, HAINFORD, NORWICH, NR10 3NA - £235,000

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

43 CHAPEL ROAD is a very small detached house of 79m², built sometime between 1983 and 1990. It was last sold for £235,000 in December 2016, which was around 25% below the average December 2016 detached price in the Broadland local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was C.

43 CHAPEL ROAD Sold Prices

Land registry data shows two sales for 43 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 43 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
2016 14 DEC	£235,000	£315,073	25% below HPI
1995 31 OCT	£62,950	£74,677	16% below HPI

43 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 43 CHAPEL ROAD sales from October 1995 and December 2016 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 1995 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the December 2016 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 43 CHAPEL ROAD?

43 CHAPEL ROAD is 79m² according to the EPC inspection conducted in September 2016. This puts it in the smallest 20% of detached houses in Hainford, based on EPC data. The below chart shows the distribution of detached houses by size in Hainford, and where 43 CHAPEL ROAD lies on this distribution: 12% of detached houses are smaller than 43 CHAPEL ROAD, and 88% of houses are larger. Note that EPC data is not available for all properties in Hainford.

43 CHAPEL ROAD: Plot and Title Map

43 CHAPEL ROAD sits on a plot of roughly 0.135 of an acre, or 546m². The below map shows the location of 43 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 43 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 43 CHAPEL ROAD?

43 CHAPEL ROAD is located in HAINFORD, in the NR10 postcode district. The below map shows the position of No. 43 on CHAPEL ROAD.