Housing Market Analysis for CHAPEL CLOSE, NR16 1LL

Are you looking to understand NR16 1LL house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this South Norfolk postcode.

For the location information and nearby amenities in the NR16 1LL area, explore the NR16 1LL Area information page.
For comprehensive crime statistics in the NR16 1LL area, explore the NR16 1LL Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NR16 1LL postcode area, The average prices are as follows,

  • Detached
    • The average price is around £236,600 median price is £270,000 Standard Deviation is £130,573 with Total Sold: 10
    • The Last 5 Year average price is £412,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 1 CHAPEL CLOSE: £395,000 (Sold on 07 Jun 2021)
    • The first recorded sale happened at this postcode is 2 CHAPEL CLOSE: £25,000 (Sold on 23 Jun 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average NR16 1LL house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£395,000 £3,624 1
2020£430,000 £2,810 1
2014£270,000 £2,741 1
2010£340,0001
2007£298,000 £3,025 1
2006£270,000 £2,477 1
1999£112,667 £1,005 3
1998£25,000 £163 1

All the Sales in the CHAPEL CLOSE, NR16 1LL

See the table below for more details on the sold house prices in the NR16 1LL, South Norfolk postcode.

AddressSold DatePrice% Change
1 CHAPEL CLOSEDetached, FreeholdArea: 109 Sq.mtrAge: 1996-200207 Jun 2021£395,00046.30%
24 Feb 2006£270,000162.14%
29 Jan 1999£103,000First Sale
2 CHAPEL CLOSEDetached, FreeholdArea: 153 Sq.mtrAge: 1996-200201 Dec 2020£430,0001620.00%
23 Jun 1998£25,000First Sale
4 CHAPEL CLOSEDetached, FreeholdArea: 98.5 Sq.mtrAge: 2003-200626 Feb 2014£270,000-9.40%
23 Mar 2007£298,000183.81%
28 May 1999£105,000First Sale
3 CHAPEL CLOSEDetached, Freehold10 Jun 2010£340,000161.54%
16 Apr 1999£130,000First Sale

Check out the sold house prices near the NR16 1LL postcode. Properties currently for saleProperties currently for rent

CHAPEL CLOSE, NR16 1LL Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NR16 1LL postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the NR16 1LL postcode.

  • Semi-Detached
    • The average price is around £173,527 median price is £165,000 Standard Deviation is £88,505 with Total Sold: 51
    • The Last 5 Year average price is £236,875 with Total Sold: 8
    • The most recent sale happened at this postcode is , WISTERIA TABERNACLE LANE: £280,000 (Sold on 16 Feb 2024)
    • The first recorded sale happened at this postcode is , 5 BENTLEY ROAD: £62,000 (Sold on 01 Jul 1996)
  • Detached
    • The average price is around £236,500 median price is £221,000 Standard Deviation is £137,024 with Total Sold: 301
    • The Last 5 Year average price is £399,207 with Total Sold: 41
    • The most recent sale happened at this postcode is , 31 BENTLEY ROAD: £280,000 (Sold on 11 Dec 2023)
    • The first recorded sale happened at this postcode is , HORSESHOES FARMHOUSE LONG STRATTON ROAD: £198,000 (Sold on 04 Jan 1995)
  • Terraced
    • The average price is around £153,691 median price is £155,000 Standard Deviation is £70,175 with Total Sold: 14
    • The Last 5 Year average price is £231,000 with Total Sold: 3
    • The most recent sale happened at this postcode is , FIR CONE COTTAGE LONG STRATTON ROAD: £365,000 (Sold on 21 Jul 2023)
    • The first recorded sale happened at this postcode is , CHRISTMAS COTTAGE TABERNACLE LANE: £155,000 (Sold on 16 Dec 2005)
  • Other
    • The average price is around £335,500 median price is £300,000 Standard Deviation is £299,542 with Total Sold: 6
    • The Last 5 Year average price is £401,200 with Total Sold: 5
    • The most recent sale happened at this postcode is PLOT 3, AUSTHORPE HOUSE SITE NORWICH ROAD: £300,000 (Sold on 07 Apr 2022)
    • The first recorded sale happened at this postcode is , THE OLD STORES LONG STRATTON ROAD: £7,000 (Sold on 17 Oct 2017)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£280,0001
2023£180,0001
2022£286,500 £4,089 2
2021£250,000 £2,717 1
2020£255,000 £2,965 1
2019£178,500 £1,898 2
2018£233,500 £2,242 3
2017£195,000 £2,600 2
2015£162,250 £1,827 4
2013£198,750 £1,667 2
2012£143,000 £1,810 1
2011£175,000 £2,146 1
2009£160,975 £2,000 2
2008£155,000 £1,802 1
2006£179,794 £1,567 4
2004£276,875 £1,611 4
2003£183,000 £1,203 6
2002£157,167 £1,273 3
2001£62,438 £331 2
2000£71,250 £553 2
1999£64,7502
1998£65,000 £797 1
1997£42,900 £622 1
1996£61,000 £660 2
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£286,600 £2,090 5
2022£451,111 £3,926 9
2021£439,591 £3,069 11
2020£397,111 £3,129 9
2019£352,143 £2,420 7
2018£337,786 £2,082 7
2017£370,000 £2,417 9
2016£344,667 £2,594 9
2015£323,500 £2,276 17
2014£259,875 £2,009 12
2013£223,024 £1,835 17
2012£242,000 £1,893 7
2011£263,917 £2,317 6
2010£275,214 £2,450 7
2009£273,500 £1,743 13
2008£325,000 £2,386 3
2007£256,792 £2,139 6
2006£254,179 £2,094 17
2005£241,333 £1,613 6
2004£260,500 £1,740 17
2003£214,156 £1,444 8
2002£177,227 £1,420 11
2001£168,195 £1,009 10
2000£97,570 £970 15
1999£110,538 £876 13
1998£80,029 £670 19
1997£75,000 £534 9
1996£68,012 £523 12
1995£88,325 £667 10
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£365,000 £4,585 1
2021£115,000 £1,513 1
2019£213,000 £2,506 1
2017£96,000 £1,263 1
2014£120,500 £1,473 2
2011£132,500 £1,690 1
2009£117,500 £891 2
2007£104,177 £1,371 1
2006£165,000 £1,982 3
2005£155,0001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£300,0002
2020£468,667 £15 3
2017£7,0001

House Type in NR16 1LL area

The most common house types in the NR16 1LL postcode area are Detached (130), Semi-detached (28), and Terraced (0).

Total158
Detached130
Semi-detached28
Terraced0
Flat0
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (88), and Owned: Owns with a mortgage or loan (53).

Owned: Owns outright88
Owned: Owns with a mortgage or loan53
Private rented: Private landlord or letting agency9
Private rented: Other private rented6
Shared ownership: Shared ownership1
Social rented: Other social rented1
Does not apply0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the NR16 1LL have 2 people in household (71), and 1 person in household (39).

2 people in household71
1 person in household39
4 people in household27
3 people in household17
5 people in household2
6 people in household1
7 people in household1
0 people in household0
8 or more people in household0