CHAWTON, MARKET STREET, TUNSTEAD, NORWICH, NR12 8RB - £320,000

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

CHAWTON is a small extended detached house of 78m², built sometime between 1930 and 1949. It was last sold for £320,000 in March 2022, which was around 24% below the average March 2022 detached price in the North Norfolk local authority area. The most recent EPC inspection was November 2015, where the current energy rating was F, and the potential energy rating was D.

CHAWTON Sold Prices

Land registry data shows two sales for CHAWTON 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 CHAWTON 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 11 MAR	£320,000	£423,590	24% below HPI
2016 22 JUL	£235,000	£304,850	23% below HPI

CHAWTON 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 CHAWTON sales from July 2016 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 July 2016 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the March 2022 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is CHAWTON?

CHAWTON is 78m², which includes two extensions, according to the EPC inspection conducted in November 2015. This puts it in the smallest 30% of detached houses in Tunstead, based on EPC data. The below chart shows the distribution of detached houses by size in Tunstead, and where CHAWTON lies on this distribution: 30% of detached houses are smaller than CHAWTON, and 70% of houses are larger. Note that EPC data is not available for all properties in Tunstead.

CHAWTON: Plot and Title Map

CHAWTON sits on a plot of roughly 0.229 of an acre, or 927m². The below map shows the location of CHAWTON, 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 CHAWTON). 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 CHAWTON?

CHAWTON is located on MARKET STREET in TUNSTEAD, in the NR12 postcode district. The below map shows the position of CHAWTON on MARKET STREET.