THE OLD CHAPEL, BACK LANE, MILEHAM, KING'S LYNN, PE32 2PP - £197,000

THE OLD CHAPEL is a very small extended detached house of 71m², built sometime before 1900. It was last sold for £197,000 in July 2017, which was around 31% below the average July 2017 detached price in the Breckland local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was B.

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 Breckland 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
2017 14 JUL	£197,000	£286,260	31% below HPI
2015 12 JUN	£135,000	£242,342	44% 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 two THE OLD CHAPEL sales from June 2015 and July 2017 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 June 2015 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the July 2017 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is THE OLD CHAPEL?

THE OLD CHAPEL is 71m², which includes two extensions, according to the EPC inspection conducted in August 2014. This puts it in the smallest 10% of detached houses in Mileham, based on EPC data. The below chart shows the distribution of detached houses by size in Mileham, and where THE OLD CHAPEL lies on this distribution: 7% of detached houses are smaller than THE OLD CHAPEL, and 92% of houses are larger. Note that EPC data is not available for all properties in Mileham.

THE OLD CHAPEL: Plot and Title Map

THE OLD CHAPEL sits on a plot of roughly 0.013 of an acre, or 54m². 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 BACK LANE in MILEHAM, in the PE32 postcode district. The below map shows the position of THE OLD CHAPEL on BACK LANE.