THE OLD CHAPEL, THE STREET, NORTH PICKENHAM, SWAFFHAM, PE37 8JR - £155,000

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 detached house of 110m², built sometime before 1900, which could now be worth an estimated £188,872. It was last sold for £155,000 in December 2018, which was around 49% below the average December 2018 detached price in the Breckland local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.

THE OLD CHAPEL Sold Prices

Land registry data shows six sales for THE OLD CHAPEL since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. All of the six 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
2018 20 DEC	£155,000	£303,998	49% below HPI
2012 2 NOV	£151,800	£211,495	28% below HPI
2007 10 AUG	£136,000	£235,402	42% below HPI
2003 2 JUL	£137,000	£166,711	18% below HPI
1999 24 JUN	£69,950	£81,625	14% below HPI
1995 27 JAN	£59,495	£67,716	12% 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 six THE OLD CHAPEL sales between January 1995 and December 2018 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 November 2012 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the December 2018 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

What might THE OLD CHAPEL be worth now?

THE OLD CHAPEL might now be worth an estimated £188,872.

This is based on house price inflation of 21.9%, between December 2018 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 21.9% inflationary increase is applied to the most recent sale price for THE OLD CHAPEL of £155,000 on 20th December 2018. For the value to have increased from £155,000 to £188,872 over the seven years and ten 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 December 2018 sale price of £155,000 represented a fair market value for the property.
• The size, condition, and specification of THE OLD CHAPEL has not materially changed since December 2018.

How Large is THE OLD CHAPEL?

THE OLD CHAPEL is 110m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 20% of detached houses houses in North Pickenham, based on EPC data. The below chart shows the distribution of detached houses houses by size in North Pickenham, and where THE OLD CHAPEL lies on this distribution: 20% of detached houses houses are smaller than THE OLD CHAPEL, and 80% of houses are larger. Note that EPC data is not available for all properties in North Pickenham.

THE OLD CHAPEL: Plot and Title Map

THE OLD CHAPEL sits on a plot of roughly 0.026 of an acre, or 104m². 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 THE STREET in NORTH PICKENHAM, in the PE37 postcode district. The below map shows the position of THE OLD CHAPEL on THE STREET.