
Explore which home improvements can not only enhance your living space but also increase your property's value
5 Chapel Close is a detached house with a valuation of £498,000.
Since the house was last sold in April 1996 for £111,000, its value has risen by £387,000.
Sold house prices and home valuation trends over time
House features and location
5 Chapel Close is a leasehold detached house. If the property has typical features for the street, its size would be expected to be between 1,100 and 1,700 sq ft, based on the £299 to £416 average cost per sq ft for detached houses on Chapel Close.
Timeline of sold house prices
Since 5 Chapel Close's first recorded sale in 1996, the house's price has risen by £387,000 or 13% per year.
During the same period, the price of an average home on Chapel Close increased by £401,000 or 13% per year, and the average UK home increased by 15% per year.
Detached house leasehold
Detached house leasehold
Comparison of local and national house prices
House Prices in Chapel Close start at £472,000 for the cheapest property on the street, rising to £620,000 for the most expensive.
5 Chapel Close is worth 4% less than the £516,000 average property on Chapel Close and 66% more than the £300,000 average home in England.
Property valuation details and commonly asked questions
Every month, our Automated Valuation Model (AVM) determines property values.
Our AVM collects data from reputable sources, like HM Land Registry, and uses the data to estimate what each property is worth.
In our tests, we have found that the sale price of a property falls within our AVM's confidence range in most cases. However, there are scenarios where the valuations are not accurate. For example, if significant alterations have been made to a property recently or if a property is unique with few comparables.
For more details on the workings of our AVM, including its strengths, limitations, and how it measures up to traditional valuation methods, please refer to our guide 'How We Value Property'.
We try to make the valuations as accurate as possible, but they are estimates. When buying or selling property, you should speak to a qualified professional.
Sold house prices, and data on property types/tenures, are sourced from the HM Land Registry.
There is a time delay in property sales appearing in HM Land Registry, which can be up to three months.
We generate all our property valuations programmatically. They cannot be manually edited based on new information, such as evidence of redevelopment.
If sold property prices or property types are incorrect, you should verify them with HM Land Registry. You can notify HM Land Registry of any errors.
Explore which home improvements can not only enhance your living space but also increase your property's value
Navigating the homeownership journey as a beginner - topics explained, useful tips, and helpful resources
Key steps for determining the right initial offer for a house, and how to navigate the negotiation process towards a final price