3 Chapters Park Lane

    3 CHAPTERS, PARK LANE, NORWICH, NR2 3FA

    This flat/maisonette leasehold property on Park Lane last sold in April 2023 for £615,000. Based on price growth in the NR2 district since then, its estimated current value is £593,050 — placing it in the 85th percentile nationally and the 91st percentile within NR2. The property covers 148 m² (1,593 sq ft), giving an estimated value of £4,007 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    1,593 sq ft

    148 m²

    Last Sale Price

    £615,000

    Apr 2023

    Estimated Valuation

    £593,050

    Est. £/sq ft

    £372/sq ft

    £4,007/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction age2023
    Habitable roomsNot available
    Main fuelElectricity: electricity, unspecified tariff
    EPC currentD
    EPC potentialC
    Floor area1,593 sq ft (148 m²)
    EPC dateMar 2023
    WallsAverage thermal transmittance 0.27 W/m
    HeatingBoiler

    Transaction History

    14 Apr 2023

    £615,000

    Key Metrics

    Estimated valuation£593,050
    Value per sq ft / m²£372/sq ft (£4,007/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NR2 district percentile91st percentile
    National percentile85th 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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