5, CHAPPSHILL WAY, MULBARTON, NORWICH, NR14 8GN - £395,000

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

5 CHAPPSHILL WAY is a small extended detached house of 94m², built sometime between 2003 and 2006. It was last sold for £395,000 in January 2024, which was around 3% below the average January 2024 detached price in the South Norfolk local authority area. The most recent EPC inspection was October 2015, where the current energy rating was C, and the potential energy rating was B.

5 CHAPPSHILL WAY Sold Prices

Land registry data shows three sales for 5 CHAPPSHILL WAY 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. Two of the three 5 CHAPPSHILL WAY sales were for below the average price, whilst one was 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
2024 25 JAN	£395,000	£405,436	3% below HPI
2016 29 JAN	£280,000	£293,224	5% below HPI
2004 3 DEC	£225,000	£220,572	2% above HPI

5 CHAPPSHILL WAY 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 5 CHAPPSHILL WAY sales between December 2004 and January 2024 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 January 2016 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the January 2024 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 5 CHAPPSHILL WAY?

5 CHAPPSHILL WAY is 94m², which includes one extension, according to the EPC inspection conducted in October 2015. This puts it in the smallest 30% of detached houses in Mulbarton, based on EPC data. The below chart shows the distribution of detached houses by size in Mulbarton, and where 5 CHAPPSHILL WAY lies on this distribution: 24% of detached houses are smaller than 5 CHAPPSHILL WAY, and 75% of houses are larger. Note that EPC data is not available for all properties in Mulbarton.

5 CHAPPSHILL WAY: Plot and Title Map

5 CHAPPSHILL WAY sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 5 CHAPPSHILL WAY, 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 5 CHAPPSHILL WAY). 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 5 CHAPPSHILL WAY?

5 CHAPPSHILL WAY is located in MULBARTON, in the NR14 postcode district. The below map shows the position of No. 5 on CHAPPSHILL WAY.