CHIMNEYS, YORK LANE, STALHAM, NORWICH, NR12 9BN - £130,000

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

CHIMNEYS is a very small extended detached house of 64m², built sometime between 1930 and 1949. It was last sold for £130,000 in January 2004, which was around 33% below the average January 2004 detached price in the North Norfolk local authority area. The most recent EPC inspection was January 2012, where the current energy rating was D, and the potential energy rating was D.

CHIMNEYS Sold Prices

Land registry data shows two sales for CHIMNEYS 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 CHIMNEYS 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
2004 16 JAN	£130,000	£194,693	33% below HPI
1996 31 JAN	£27,000	£64,559	58% below HPI

CHIMNEYS 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 CHIMNEYS sales from January 1996 and January 2004 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 January 1996 sale was for 58% below the HPI. So the extrapolation line tracks at 58% below the HPI over time, until the January 2004 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is CHIMNEYS?

CHIMNEYS is 64m², which includes one extension, according to the EPC inspection conducted in January 2012. This puts it in the smallest 10% of detached houses in Stalham, based on EPC data. The below chart shows the distribution of detached houses by size in Stalham, and where CHIMNEYS lies on this distribution: 8% of detached houses are smaller than CHIMNEYS, and 92% of houses are larger. Note that EPC data is not available for all properties in Stalham.

CHIMNEYS: Plot and Title Map

CHIMNEYS sits on a plot of roughly 0.090 of an acre, or 364m². The below map shows the location of CHIMNEYS, 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 CHIMNEYS). 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 CHIMNEYS?

CHIMNEYS is located on YORK LANE in STALHAM, in the NR12 postcode district. The below map shows the position of CHIMNEYS on YORK LANE.