CHAPEL COTTAGE, NORWICH ROAD, YAXHAM, DEREHAM, NR19 1AB - £360,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

CHAPEL COTTAGE is a small extended detached house of 108m², built sometime before 1900, which could now be worth an estimated £357,385. It was last sold for £360,000 in September 2022, which was around 4% below the average September 2022 detached price in the Breckland local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was C.

CHAPEL COTTAGE Sold Prices

Land registry data shows two sales for CHAPEL COTTAGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. One of the two CHAPEL COTTAGE sales was for below the average price, whilst the other 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
2022 2 SEP	£360,000	£373,140	4% below HPI
1998 15 OCT	£85,000	£79,703	7% above HPI

CHAPEL COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Breckland local authority area over time, sourced from the HPI. The two CHAPEL COTTAGE sales from October 1998 and September 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 October 1998 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the September 2022 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might CHAPEL COTTAGE be worth now?

CHAPEL COTTAGE might now be worth an estimated £357,385.

This is based on house price deflation of 0.7%, between September 2022 and February 2025, for detached houses, in the Breckland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.7% deflationary decrease is applied to the most recent sale price for CHAPEL COTTAGE of £360,000 on 2nd September 2022. For the value to have decreased from £360,000 to £357,385 over the three years and seven months to February 2025, the following assumptions must hold true:

• The value of CHAPEL COTTAGE has moved in line with the HPI for detached houses in the Breckland local authority area.
• The September 2022 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of CHAPEL COTTAGE has not materially changed since September 2022.

How Large is CHAPEL COTTAGE?

CHAPEL COTTAGE is 108m², which includes four extensions, according to the EPC inspection conducted in May 2022. This puts it in the smallest 40% of detached houses houses in Clint Green, based on EPC data. The below chart shows the distribution of detached houses houses by size in Clint Green, and where CHAPEL COTTAGE lies on this distribution: 39% of detached houses houses are smaller than CHAPEL COTTAGE, and 61% of houses are larger. Note that EPC data is not available for all properties in Clint Green.

CHAPEL COTTAGE: Plot and Title Map

CHAPEL COTTAGE sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of CHAPEL COTTAGE, 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 CHAPEL COTTAGE). 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 CHAPEL COTTAGE?

CHAPEL COTTAGE is located on NORWICH ROAD in YAXHAM, in the NR19 postcode district. The below map shows the position of CHAPEL COTTAGE on NORWICH ROAD.