THE CHIMES, OLD TURNPIKE ROAD, ROUGHTON, NORWICH, NR11 8SP - £300,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

THE CHIMES is a large extended detached house of 161m², built sometime between 1991 and 1995. It was last sold for £300,000 in January 2020, which was around 15% below the average January 2020 detached price in the North Norfolk local authority area. The most recent EPC inspection was April 2013, where the current energy rating was C, and the potential energy rating was C.

THE CHIMES Sold Prices

Land registry data shows four sales for THE CHIMES since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. Most of the four THE CHIMES sales were for above 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
2020 29 JAN	£300,000	£351,881	15% below HPI
2009 16 JAN	£248,000	£225,242	10% above HPI
2002 27 SEP	£181,000	£157,198	15% above HPI
1998 5 FEB	£84,700	£77,912	9% above HPI

THE CHIMES 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 four THE CHIMES sales between February 1998 and January 2020 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 2009 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the January 2020 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is THE CHIMES?

THE CHIMES is 161m², which includes two extensions, according to the EPC inspection conducted in April 2013. This puts it in the largest 30% of detached houses in Roughton, based on EPC data. The below chart shows the distribution of detached houses by size in Roughton, and where THE CHIMES lies on this distribution: 73% of detached houses are smaller than THE CHIMES, and 26% of houses are larger. Note that EPC data is not available for all properties in Roughton.

THE CHIMES: Plot and Title Map

THE CHIMES sits on a plot of roughly 0.102 of an acre, or 414m². The below map shows the location of THE CHIMES, 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 CHIMES). 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 CHIMES?

THE CHIMES is located on OLD TURNPIKE ROAD in ROUGHTON, in the NR11 postcode district. The below map shows the position of THE CHIMES on OLD TURNPIKE ROAD.