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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

THE CHASE is a midsized detached house of 80m², built sometime between 1996 and 2002, which could now be worth an estimated £295,191. 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	£321,079	31% below HPI
2006 13 OCT	£190,000	£235,375	19% below HPI
2000 20 SEP	£79,950	£110,637	28% below HPI
2000 18 MAY	£79,950	£105,033	24% below HPI
1998 15 DEC	£25,000	£82,893	70% below HPI
1998 3 JUL	£25,000	£85,357	71% 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 19% below the HPI. So the extrapolation line tracks at 19% 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.

What might THE CHASE be worth now?

THE CHASE might now be worth an estimated £295,191.

This is based on house price inflation of 34.2%, between February 2017 and February 2025, for detached houses, in the North Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 34.2% inflationary increase is applied to the most recent sale price for THE CHASE of £220,000 on 10th February 2017. For the value to have increased from £220,000 to £295,191 over the eight years to February 2025, the following assumptions must hold true:

• The value of THE CHASE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The February 2017 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of THE CHASE has not materially changed since February 2017.

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 houses in Walcott, based on EPC data. The below chart shows the distribution of detached houses houses by size in Walcott, and where THE CHASE lies on this distribution: 49% of detached houses 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.