THE OLD CHAPEL, CHAPEL STREET, BARFORD, NORWICH, NR9 4AB - £230,000

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 is a very small extended detached house of 99m², built sometime before 1900. It was last sold for £230,000 in October 2020, which was around 36% below the average October 2020 detached price in the South Norfolk local authority area. The most recent EPC inspection was February 2019, where the current energy rating was G, and the potential energy rating was D.

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 South Norfolk 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
2020 7 OCT	£230,000	£360,394	36% below HPI
2019 11 MAR	£180,000	£344,184	48% below HPI

THE OLD CHAPEL Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The two THE OLD CHAPEL sales from March 2019 and October 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 March 2019 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the October 2020 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is THE OLD CHAPEL?

THE OLD CHAPEL is 99m², which includes one extension, according to the EPC inspection conducted in February 2019. This puts it in the smallest 20% of detached houses in Barford, based on EPC data. The below chart shows the distribution of detached houses by size in Barford, and where THE OLD CHAPEL lies on this distribution: 16% of detached houses are smaller than THE OLD CHAPEL, and 84% of houses are larger. Note that EPC data is not available for all properties in Barford.

THE OLD CHAPEL: Plot and Title Map

THE OLD CHAPEL sits on a plot of roughly 0.035 of an acre, or 140m². 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 CHAPEL STREET in BARFORD, in the NR9 postcode district. The below map shows the position of THE OLD CHAPEL on CHAPEL STREET.