THE CHASE, COAST ROAD, WALCOTT, NORWICH, NR12 0ND - £220,000

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

THE CHASE is a midsized detached house of 80m², built sometime between 1996 and 2002. It was last sold for £220,000 in February 2017, which was around 31% below the average February 2017 detached price in the North Norfolk local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was B.

THE CHASE Sold Prices

Land registry data shows six sales for THE CHASE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. All of the six THE CHASE 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
2017 10 FEB	£220,000	£318,001	31% below HPI
2006 13 OCT	£190,000	£233,119	18% below HPI
2000 20 SEP	£79,950	£109,576	27% below HPI
2000 18 MAY	£79,950	£104,026	23% below HPI
1998 15 DEC	£25,000	£82,099	70% below HPI
1998 3 JUL	£25,000	£84,538	70% below HPI

THE CHASE 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 six THE CHASE sales between July 1998 and February 2017 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 2006 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the February 2017 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is THE CHASE?

THE CHASE is 80m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 50% of detached houses in Walcott, based on EPC data. The below chart shows the distribution of detached houses by size in Walcott, and where THE CHASE lies on this distribution: 49% of detached houses are smaller than THE CHASE, and 51% of houses are larger. Note that EPC data is not available for all properties in Walcott.

THE CHASE: Plot and Title Map

THE CHASE sits on a plot of roughly 0.118 of an acre, or 476m². The below map shows the location of THE CHASE, 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 THE CHASE). 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 THE CHASE?

THE CHASE is located on COAST ROAD in WALCOTT, in the NR12 postcode district. The below map shows the position of THE CHASE on COAST ROAD.