THE OLD CHAPEL, 23, DOWNHAM ROAD, DENVER, DOWNHAM MARKET, PE38 0DF - £295,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

THE OLD CHAPEL is a very small detached house of 93m², which could now be worth an estimated £417,792. It was last sold for £295,000 in August 2016, which was around 12% above the average August 2016 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was May 2014, where the current energy rating was C, and the potential energy rating was B.

THE OLD CHAPEL Sold Prices

Land registry data shows two sales for THE OLD CHAPEL since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the King's Lynn and West Norfolk local authority area for the corresponding sale date. One of the two THE OLD CHAPEL sales was for above the average price, whilst the other was 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
2016 31 AUG	£295,000	£264,160	12% above HPI
2013 10 JUN	£90,000	£211,807	58% below HPI

THE OLD CHAPEL Price Paid vs. HPI Average

The below graph shows the average detached house price in the King's Lynn and West Norfolk local authority area over time, sourced from the HPI. The two THE OLD CHAPEL sales from June 2013 and August 2016 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 June 2013 sale was for 58% below the HPI. So the extrapolation line tracks at 58% below the HPI over time, until the August 2016 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might THE OLD CHAPEL be worth now?

THE OLD CHAPEL might now be worth an estimated £417,792.

This is based on house price inflation of 41.6%, between August 2016 and December 2024, for detached houses, in the King's Lynn and West Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 41.6% inflationary increase is applied to the most recent sale price for THE OLD CHAPEL of £295,000 on 31st August 2016. For the value to have increased from £295,000 to £417,792 over the seven years and eight months to December 2024, the following assumptions must hold true:

• The value of THE OLD CHAPEL has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The August 2016 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of THE OLD CHAPEL has not materially changed since August 2016.

How Large is THE OLD CHAPEL?

THE OLD CHAPEL is 93m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 20% of detached houses houses in Denver, based on EPC data. The below chart shows the distribution of detached houses houses by size in Denver, and where THE OLD CHAPEL lies on this distribution: 11% of detached houses houses are smaller than THE OLD CHAPEL, and 88% of houses are larger. Note that EPC data is not available for all properties in Denver.

THE OLD CHAPEL: Plot and Title Map

THE OLD CHAPEL sits on a plot of roughly 0.071 of an acre, or 289m². The below map shows the location of THE OLD CHAPEL, 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 OLD CHAPEL). 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 OLD CHAPEL?

THE OLD CHAPEL is located on DOWNHAM ROAD in DENVER, in the PE38 postcode district. The below map shows the position of THE OLD CHAPEL on DOWNHAM ROAD.