THE OLD CHAPEL BUNGALOW, MARKET STREET, TUNSTEAD, NORWICH, NR12 8RB - £200,000

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 OLD CHAPEL BUNGALOW is a very small detached house of 43m², built sometime between 1991 and 1995. It was last sold for £200,000 in September 2022, which was around 55% below the average September 2022 detached price in the North Norfolk local authority area. The most recent EPC inspection was March 2022, where the current energy rating was E, and the potential energy rating was B.

THE OLD CHAPEL BUNGALOW Sold Prices

Land registry data shows six sales for THE OLD CHAPEL BUNGALOW 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 OLD CHAPEL BUNGALOW 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
2022 30 SEP	£200,000	£443,591	55% below HPI
2017 28 APR	£150,000	£316,870	53% below HPI
2013 11 JAN	£115,000	£247,329	54% below HPI
2000 31 AUG	£56,000	£107,519	48% below HPI
1999 6 DEC	£47,500	£94,684	50% below HPI
1995 31 MAR	£37,000	£71,484	48% below HPI

THE OLD CHAPEL BUNGALOW 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 OLD CHAPEL BUNGALOW sales between March 1995 and September 2022 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 April 2017 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the September 2022 sale, where it falls to 55% below the HPI. The line then continues to track at 55% below the HPI.

How Large is THE OLD CHAPEL BUNGALOW?

THE OLD CHAPEL BUNGALOW is 43m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 10% of detached houses in Tunstead, based on EPC data. The below chart shows the distribution of detached houses by size in Tunstead, and where THE OLD CHAPEL BUNGALOW lies on this distribution: Less than 1% of detached houses are smaller than THE OLD CHAPEL BUNGALOW, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Tunstead.

THE OLD CHAPEL BUNGALOW: Plot and Title Map

THE OLD CHAPEL BUNGALOW sits on a plot of roughly 0.045 of an acre, or 183m². The below map shows the location of THE OLD CHAPEL BUNGALOW, 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 BUNGALOW). 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 BUNGALOW?

THE OLD CHAPEL BUNGALOW is located on MARKET STREET in TUNSTEAD, in the NR12 postcode district. The below map shows the position of THE OLD CHAPEL BUNGALOW on MARKET STREET.