THE OLD CHAPEL, NEW ROAD, UPWELL, WISBECH, PE14 9AB - £195,000

THE OLD CHAPEL is a very large detached house of 221m², built sometime between 2003 and 2006. It was last sold for £195,000 in March 2015, which was around 17% below the average March 2015 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was June 2010, where the current energy rating was G, and the potential energy rating was G.

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 King's Lynn and West Norfolk 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
2015 25 MAR	£195,000	£234,313	17% below HPI
2003 24 OCT	£51,500	£167,921	69% below HPI

THE OLD CHAPEL Price Paid vs. HPI Average

The below graph shows the average detached house price in the King's Lynn and West Norfolk local authority area over time, sourced from the HPI. The two THE OLD CHAPEL sales from October 2003 and March 2015 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 October 2003 sale was for 69% below the HPI. So the extrapolation line tracks at 69% below the HPI over time, until the March 2015 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is THE OLD CHAPEL?

THE OLD CHAPEL is 221m² according to the EPC inspection conducted in June 2010. This puts it in the largest 10% of detached houses in Upwell, based on EPC data. The below chart shows the distribution of detached houses by size in Upwell, and where THE OLD CHAPEL lies on this distribution: 93% of detached houses are smaller than THE OLD CHAPEL, and 8% of houses are larger. Note that EPC data is not available for all properties in Upwell.

THE OLD CHAPEL: Plot and Title Map

THE OLD CHAPEL sits on a plot of roughly 0.053 of an acre, or 215m². 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 NEW ROAD in UPWELL, in the PE14 postcode district. The below map shows the position of THE OLD CHAPEL on NEW ROAD.