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
55 CHESTNUT HILL is a large extended detached house of 142m², built sometime between 1983 and 1990. It was last sold for £430,000 in September 2021, which was around 2% above the average September 2021 detached price in the Norwich local authority area. The most recent EPC inspection was November 2020, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 55 CHESTNUT HILL since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Norwich local authority area for the corresponding sale date. All of the three 55 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 |
---|---|---|---|
2021 10 SEP | £430,000 | £419,827 | 2% above HPI |
2000 27 OCT | £161,000 | £127,658 | 26% above HPI |
1997 14 JAN | £105,000 | £77,623 | 35% above HPI |
The below graph shows the average detached house price in the Norwich local authority area over time, sourced from the HPI. The three 55 CHESTNUT HILL sales between January 1997 and September 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 2000 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the September 2021 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.
55 CHESTNUT HILL is 142m², which includes one extension, according to the EPC inspection conducted in November 2020. 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 55 CHESTNUT HILL lies on this distribution: 77% of detached houses are smaller than 55 CHESTNUT HILL, and 23% of houses are larger. Note that EPC data is not available for all properties in Norwich.
55 CHESTNUT HILL sits on a plot of roughly 0.075 of an acre, or 304m². The below map shows the location of 55 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 55 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.
55 CHESTNUT HILL is located in NORWICH, in the NR4 postcode district. The below map shows the position of No. 55 on CHESTNUT HILL.