5, CHESTNUT CLOSE, CATFIELD, GREAT YARMOUTH, NR29 5RH - £165,000

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.

5 CHESTNUT CLOSE is a small detached house of 89m², built sometime between 1996 and 2002, which could now be worth an estimated £263,716. It was last sold for £165,000 in January 2013, which was around 34% below the average January 2013 detached price in the North Norfolk local authority area. The most recent EPC inspection was January 2012, where the current energy rating was D, and the potential energy rating was D.

5 CHESTNUT CLOSE Sold Prices

Land registry data shows three sales for 5 CHESTNUT 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 North Norfolk local authority area for the corresponding sale date. All of the three 5 CHESTNUT 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
2013 25 JAN	£165,000	£249,723	34% below HPI
2007 9 FEB	£175,000	£247,249	29% below HPI
2002 31 MAY	£85,000	£148,472	43% below HPI

5 CHESTNUT CLOSE 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 three 5 CHESTNUT CLOSE sales between May 2002 and January 2013 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 February 2007 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the January 2013 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 5 CHESTNUT CLOSE be worth now?

5 CHESTNUT CLOSE might now be worth an estimated £263,716.

This is based on house price inflation of 59.8%, between January 2013 and April 2026, for detached houses, in the North Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 59.8% inflationary increase is applied to the most recent sale price for 5 CHESTNUT CLOSE of £165,000 on 25th January 2013. For the value to have increased from £165,000 to £263,716 over the twelve years and nine months to April 2026, the following assumptions must hold true:

• The value of 5 CHESTNUT CLOSE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The January 2013 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 5 CHESTNUT CLOSE has not materially changed since January 2013.

How Large is 5 CHESTNUT CLOSE?

5 CHESTNUT CLOSE is 89m² according to the EPC inspection conducted in January 2012. This puts it in the smallest 40% of detached houses houses in Catfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Catfield, and where 5 CHESTNUT CLOSE lies on this distribution: 34% of detached houses houses are smaller than 5 CHESTNUT CLOSE, and 66% of houses are larger. Note that EPC data is not available for all properties in Catfield.

5 CHESTNUT CLOSE: Plot and Title Map

5 CHESTNUT CLOSE sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of 5 CHESTNUT 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 5 CHESTNUT 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 5 CHESTNUT CLOSE?

5 CHESTNUT CLOSE is located in CATFIELD, in the NR29 postcode district. The below map shows the position of No. 5 on CHESTNUT CLOSE.