CHAPEL SIDE, WELGATE, MATTISHALL, DEREHAM, NR20 3PJ - £180,000

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

CHAPEL SIDE is a very small detached house of 66m², built sometime between 1983 and 1990. It was last sold for £180,000 in February 2018, which was around 40% below the average February 2018 detached price in the Breckland local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was C.

CHAPEL SIDE Sold Prices

Land registry data shows three sales for CHAPEL SIDE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. All of the three CHAPEL SIDE 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
2018 19 FEB	£180,000	£300,328	40% below HPI
2012 4 MAY	£152,000	£200,383	24% below HPI
2001 20 APR	£75,000	£105,312	29% below HPI

CHAPEL SIDE 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 three CHAPEL SIDE sales between April 2001 and February 2018 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 May 2012 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the February 2018 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is CHAPEL SIDE?

CHAPEL SIDE is 66m² according to the EPC inspection conducted in May 2011. This puts it in the smallest 10% of detached houses in Mattishall, based on EPC data. The below chart shows the distribution of detached houses by size in Mattishall, and where CHAPEL SIDE lies on this distribution: 7% of detached houses are smaller than CHAPEL SIDE, and 93% of houses are larger. Note that EPC data is not available for all properties in Mattishall.

CHAPEL SIDE: Plot and Title Map

CHAPEL SIDE sits on a plot of roughly 0.110 of an acre, or 444m². The below map shows the location of CHAPEL SIDE, 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 SIDE). 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 SIDE?

CHAPEL SIDE is located on WELGATE in MATTISHALL, in the NR20 postcode district. The below map shows the position of CHAPEL SIDE on WELGATE.