CHAPEL VIEW, MILL ROAD, HEMPNALL, NORWICH, NR15 2LP - £177,500

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 VIEW is a small detached house of 80m², built sometime between 1950 and 1966. It was last sold for £177,500 in June 2006, which was around 25% below the average June 2006 detached price in the South Norfolk local authority area. The most recent EPC inspection was March 2015, where the current energy rating was E, and the potential energy rating was B.

CHAPEL VIEW Sold Prices

Land registry data shows two sales for CHAPEL VIEW since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. Both of the two CHAPEL VIEW 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
2006 14 JUN	£177,500	£235,948	25% below HPI
1998 21 AUG	£55,000	£86,159	36% below HPI

CHAPEL VIEW 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 two CHAPEL VIEW sales from August 1998 and June 2006 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 August 1998 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the June 2006 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is CHAPEL VIEW?

CHAPEL VIEW is 80m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 30% of detached houses in Hempnall, based on EPC data. The below chart shows the distribution of detached houses by size in Hempnall, and where CHAPEL VIEW lies on this distribution: 22% of detached houses are smaller than CHAPEL VIEW, and 76% of houses are larger. Note that EPC data is not available for all properties in Hempnall.

CHAPEL VIEW: Plot and Title Map

CHAPEL VIEW sits on a plot of roughly 0.083 of an acre, or 336m². The below map shows the location of CHAPEL VIEW, 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 VIEW). 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 VIEW?

CHAPEL VIEW is located on MILL ROAD in HEMPNALL, in the NR15 postcode district. The below map shows the position of CHAPEL VIEW on MILL ROAD.