9, CHAPEL ROAD, TRUNCH, NORTH WALSHAM, NR28 0QG - £290,000

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

9 CHAPEL ROAD is a small extended detached house of 77m², built sometime between 1930 and 1949. It was last sold for £290,000 in March 2022, which was around 32% below the average March 2022 detached price in the North Norfolk local authority area. The most recent EPC inspection was July 2018, where the current energy rating was E, and the potential energy rating was C.

9 CHAPEL ROAD Sold Prices

Land registry data shows two sales for 9 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 North Norfolk local authority area for the corresponding sale date. Both of the two 9 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
2022 25 MAR	£290,000	£423,590	32% below HPI
2020 8 JUN	£205,000	£336,640	39% below HPI

9 CHAPEL ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Norfolk local authority area over time, sourced from the HPI. The two 9 CHAPEL ROAD sales from June 2020 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 June 2020 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the March 2022 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 9 CHAPEL ROAD?

9 CHAPEL ROAD is 77m², which includes two extensions, according to the EPC inspection conducted in July 2018. This puts it in the smallest 40% of detached houses in Trunch, based on EPC data. The below chart shows the distribution of detached houses by size in Trunch, and where 9 CHAPEL ROAD lies on this distribution: 33% of detached houses are smaller than 9 CHAPEL ROAD, and 66% of houses are larger. Note that EPC data is not available for all properties in Trunch.

9 CHAPEL ROAD: Plot and Title Map

9 CHAPEL ROAD sits on a plot of roughly 0.150 of an acre, or 606m². The below map shows the location of 9 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 9 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 9 CHAPEL ROAD?

9 CHAPEL ROAD is located in TRUNCH, in the NR28 postcode district. The below map shows the position of No. 9 on CHAPEL ROAD.