41, CHAPEL CLOSE, REEPHAM, NORWICH, NR10 4QP - £350,000

41 CHAPEL CLOSE is a small detached house of 76m², built sometime between 1983 and 1990. It was last sold for £350,000 in March 2023, which was around 17% below the average March 2023 detached price in the Broadland local authority area. The most recent EPC inspection was May 2023, where the current energy rating was E, and the potential energy rating was D.

41 CHAPEL CLOSE Sold Prices

Land registry data shows three sales for 41 CHAPEL CLOSE 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. All of the three 41 CHAPEL CLOSE 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
2023 17 MAR	£350,000	£421,998	17% below HPI
2013 16 AUG	£210,000	£250,158	16% below HPI
2009 27 NOV	£175,000	£226,715	23% below HPI

41 CHAPEL CLOSE 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 41 CHAPEL CLOSE sales between November 2009 and March 2023 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 2013 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the March 2023 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 41 CHAPEL CLOSE?

41 CHAPEL CLOSE is 76m² according to the EPC inspection conducted in May 2023. This puts it in the smallest 30% of detached houses in Reepham, based on EPC data. The below chart shows the distribution of detached houses by size in Reepham, and where 41 CHAPEL CLOSE lies on this distribution: 23% of detached houses are smaller than 41 CHAPEL CLOSE, and 76% of houses are larger. Note that EPC data is not available for all properties in Reepham.

41 CHAPEL CLOSE: Plot and Title Map

41 CHAPEL CLOSE sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 41 CHAPEL CLOSE, 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 41 CHAPEL CLOSE). 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 41 CHAPEL CLOSE?

41 CHAPEL CLOSE is located in REEPHAM, in the NR10 postcode district. The below map shows the position of No. 41 on CHAPEL CLOSE.