16 Chapters Park Lane

    16 CHAPTERS, PARK LANE, NORWICH, NR2 3FA

    This flat/maisonette leasehold property on Park Lane last sold in December 2022 for £215,000. Based on price growth in the NR2 district since then, its estimated current value is £197,315 — placing it in the 24th percentile nationally and the 22nd percentile within NR2. The property covers 41 m² (441 sq ft), giving an estimated value of £4,813 per m². The EPC rating is D, with a potential rating of D.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    441 sq ft

    41 m²

    Last Sale Price

    £215,000

    Dec 2022

    Estimated Valuation

    £197,315

    Est. £/sq ft

    £447/sq ft

    £4,813/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction age2023
    Habitable roomsNot available
    Main fuelElectricity: electricity, unspecified tariff
    EPC currentD
    EPC potentialD
    Floor area441 sq ft (41 m²)
    EPC dateFeb 2023
    WallsAverage thermal transmittance 0.25 W/m
    HeatingBoiler

    Transaction History

    2 Dec 2022

    £215,000

    Key Metrics

    Estimated valuation£197,315
    Value per sq ft / m²£447/sq ft (£4,813/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NR2 district percentile22nd percentile
    National percentile24th percentile

    District Context — NR2

    NR2 covers central Norwich and its immediately surrounding residential neighbourhoods in Norfolk. It is a mixed urban area with a blend of period properties, terraced housing, and modern developments, appealing to first-time buyers, young professionals, and landlords seeking rental returns.

    Average Property Price - NR2

    £311,124

    45

    National percentile

    Average Net Household Income - NR2

    £24,083

    3

    National percentile

    10-Year Annualised Price Growth - NR2

    2.9%

    26

    National percentile

    10-Year Annualised Rent Growth - NR

    4.4%

    81

    National percentile

    View full analysis for NR2

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