THE OLD CHAPEL, BACK LANE, MILEHAM, KING'S LYNN, PE32 2PP - £197,000

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 OLD CHAPEL is a very small extended detached house of 71m², built sometime before 1900, which could now be worth an estimated £252,955. It was last sold for £197,000 in July 2017, which was around 32% below the average July 2017 detached price in the Breckland local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, 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 Breckland local authority area for the corresponding sale date. Both of the two THE OLD CHAPEL 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 14 JUL	£197,000	£288,489	32% below HPI
2015 12 JUN	£135,000	£244,229	45% below HPI

THE OLD CHAPEL Price Paid vs. HPI Average

The below graph shows the average detached house price in the Breckland local authority area over time, sourced from the HPI. The two THE OLD CHAPEL sales from June 2015 and July 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 June 2015 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the July 2017 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might THE OLD CHAPEL be worth now?

THE OLD CHAPEL might now be worth an estimated £252,955.

This is based on house price inflation of 28.4%, between July 2017 and February 2025, for detached houses, in the Breckland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 28.4% inflationary increase is applied to the most recent sale price for THE OLD CHAPEL of £197,000 on 14th July 2017. For the value to have increased from £197,000 to £252,955 over the eight years and five months to February 2025, the following assumptions must hold true:

• The value of THE OLD CHAPEL has moved in line with the HPI for detached houses in the Breckland local authority area.
• The July 2017 sale price of £197,000 represented a fair market value for the property.
• The size, condition, and specification of THE OLD CHAPEL has not materially changed since July 2017.

How Large is THE OLD CHAPEL?

THE OLD CHAPEL is 71m², which includes two extensions, according to the EPC inspection conducted in August 2014. This puts it in the smallest 10% of detached houses houses in Mileham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Mileham, and where THE OLD CHAPEL lies on this distribution: 7% of detached houses houses are smaller than THE OLD CHAPEL, and 92% of houses are larger. Note that EPC data is not available for all properties in Mileham.

THE OLD CHAPEL: Plot and Title Map

THE OLD CHAPEL sits on a plot of roughly 0.013 of an acre, or 54m². 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 BACK LANE in MILEHAM, in the PE32 postcode district. The below map shows the position of THE OLD CHAPEL on BACK LANE.