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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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78, Chapel Lane, Wymondham is recorded publicly as a mid-century freehold house across 1,420 ft2 of internal area.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 78, Chapel Lane, Wymondham is £536,374 and its rental estimate is £1,655 per month, given the available information and assuming reasonable condition.
Chapel Lane, Wymondham, NR18 falls within the NR18 postal district, in the borough of South Norfolk.
78, Chapel Lane, Wymondham has a single entry in the Land Registry from February 2024 and a single entry in the EPC database dated August 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 78, Chapel Lane, Wymondham, we estimate a market value of £563,192 and a rental value of £1,738 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £498,828 and £1,539 per month respectively.
Over the last year, 78, Chapel Lane, Wymondham has seen its estimated sale value decline by £11,418 (2.1%) and its estimated rental value climb by £40 per month (2.4%). This results in an estimated gross rental yield of 3.7%.
78, Chapel Lane, Wymondham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Aug 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 78, Chapel Lane, Wymondham completed on 15th February 2024 at £530,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 9.9% over the period since February 2024.
Over the past 2 years 3 properties similar to 78, Chapel Lane, Wymondham have sold within a radius of 1.2 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 24th May 2024, was 60, Chapel Lane, Wymondham, NR18 0DL, a freehold house which sold for £596,000.
Read more about house prices in NR18.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 87 addresses on Chapel Lane, Wymondham, NR18, 78, Chapel Lane, Wymondham comes out as the 37th largest and the 34th most expensive in our analysis of the public data.
It is also £214k more expensive than the average property across the NR18 district.
From 78, Chapel Lane, Wymondham, the nearest station is Wymondham, 1.7 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 78, Chapel Lane, Wymondham, 51.5% of property is privately owned outright and 24.6% is privately owned with a mortgage.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 78, Chapel Lane, Wymondham, 11.3% of residents are recorded as possessing school level qualifications and 46.5% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 78, Chapel Lane, Wymondham, the average age was 49.2 and the most common age was 72.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 78, Chapel Lane, Wymondham, 0.4% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 78, Chapel Lane, Wymondham, there are an average of 1.6 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
