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 CHESTNUT HILL is a large extended detached house of 143m², built sometime between 1983 and 1990. It was last sold for £550,000 in March 2022, which was around 25% above the average March 2022 detached price in the Norwich local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 43 CHESTNUT HILL since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Norwich local authority area for the corresponding sale date. All of the four 43 CHESTNUT HILL 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 |
---|---|---|---|
2022 1 MAR | £550,000 | £438,472 | 25% above HPI |
2016 19 AUG | £437,500 | £354,164 | 24% above HPI |
2012 17 AUG | £350,000 | £267,141 | 31% above HPI |
1995 20 DEC | £126,000 | £74,235 | 70% above HPI |
The below graph shows the average detached house price in the Norwich local authority area over time, sourced from the HPI. The four 43 CHESTNUT HILL sales between December 1995 and March 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 August 2016 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the March 2022 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.
43 CHESTNUT HILL is 143m², which includes two extensions, according to the EPC inspection conducted in August 2021. This puts it in the largest 30% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 43 CHESTNUT HILL lies on this distribution: 77% of detached houses are smaller than 43 CHESTNUT HILL, and 22% of houses are larger. Note that EPC data is not available for all properties in Norwich.
43 CHESTNUT HILL sits on a plot of roughly 0.092 of an acre, or 371m². The below map shows the location of 43 CHESTNUT HILL, 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 CHESTNUT HILL). 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.
43 CHESTNUT HILL is located in NORWICH, in the NR4 postcode district. The below map shows the position of No. 43 on CHESTNUT HILL.