APPLETREES, CHAPEL LANE, SHOTESHAM ALL SAINTS, NORWICH, NR15 1YP - £860,000

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

APPLETREES is a large extended detached house of 213m², built sometime between 1967 and 1975. It was last sold for £860,000 in August 2023, which was around 110% above the average August 2023 detached price in the South Norfolk local authority area. The most recent EPC inspection was February 2010, where the current energy rating was D, and the potential energy rating was C.

APPLETREES Sold Prices

Land registry data shows four sales for APPLETREES since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. All of the four APPLETREES 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
2023 21 AUG	£860,000	£410,472	110% above HPI
2021 18 JUN	£740,000	£371,330	99% above HPI
2018 12 JUN	£470,000	£334,202	41% above HPI
2003 28 NOV	£250,000	£198,009	26% above HPI

APPLETREES 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 four APPLETREES sales between November 2003 and August 2023 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 2021 sale was for 99% above the HPI. So the extrapolation line tracks at 99% above the HPI over time, until the August 2023 sale, where it rises to 110% above the HPI. The line then continues to track at 110% above the HPI.

How Large is APPLETREES?

APPLETREES is 213m², which includes two extensions, according to the EPC inspection conducted in February 2010. This puts it in the largest 30% of detached houses in Shotesham, based on EPC data. The below chart shows the distribution of detached houses by size in Shotesham, and where APPLETREES lies on this distribution: 71% of detached houses are smaller than APPLETREES, and 29% of houses are larger. Note that EPC data is not available for all properties in Shotesham.

APPLETREES: Plot and Title Map

APPLETREES sits on a plot of roughly 0.850 of an acre, or 3,438m². The below map shows the location of APPLETREES, 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 APPLETREES). 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 APPLETREES?

APPLETREES is located on CHAPEL LANE in SHOTESHAM ALL SAINTS, in the NR15 postcode district. The below map shows the position of APPLETREES on CHAPEL LANE.