THE WILLOWS, CHAPEL LANE, FOULSHAM, DEREHAM, NR20 5RA - £685,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

THE WILLOWS is a very large extended detached house of 282m², built sometime between 1967 and 1975. It was last sold for £685,000 in September 2022, which was around 61% above the average September 2022 detached price in the Broadland local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was C.

THE WILLOWS Sold Prices

Land registry data shows three sales for THE WILLOWS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. One of the three THE WILLOWS sales was for above the average price, whilst two 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 28 SEP	£685,000	£426,463	61% above HPI
2017 1 AUG	£300,000	£334,267	10% below HPI
2004 4 JUN	£165,000	£201,594	18% below HPI

THE WILLOWS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broadland local authority area over time, sourced from the HPI. The three THE WILLOWS sales between June 2004 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 August 2017 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the September 2022 sale, where it rises to 61% above the HPI. The line then continues to track at 61% above the HPI.

How Large is THE WILLOWS?

THE WILLOWS is 282m², which includes two extensions, according to the EPC inspection conducted in August 2022. This puts it in the largest 10% of detached houses in Foulsham, based on EPC data. The below chart shows the distribution of detached houses by size in Foulsham, and where THE WILLOWS lies on this distribution: More than 99% of detached houses are smaller than THE WILLOWS, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Foulsham.

THE WILLOWS: Plot and Title Map

THE WILLOWS sits on a plot of roughly 0.561 of an acre, or 2,270m². The below map shows the location of THE WILLOWS, 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 WILLOWS). 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 WILLOWS?

THE WILLOWS is located on CHAPEL LANE in FOULSHAM, in the NR20 postcode district. The below map shows the position of THE WILLOWS on CHAPEL LANE.