DECOY COTTAGE, DECOY ROAD, POTTER HEIGHAM, GREAT YARMOUTH, NR29 5LX - £450,000

DECOY COTTAGE is a large extended detached house of 152m², built sometime before 1900. It was last sold for £450,000 in July 2022, which was around 4% above the average July 2022 detached price in the North Norfolk local authority area. The most recent EPC inspection was March 2022, where the current energy rating was E, and the potential energy rating was B.

DECOY COTTAGE Sold Prices

Land registry data shows two sales for DECOY COTTAGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. Both of the two DECOY COTTAGE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 15 JUL	£450,000	£430,846	4% above HPI
2002 28 MAR	£175,000	£140,541	25% above HPI

DECOY COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Norfolk local authority area over time, sourced from the HPI. The two DECOY COTTAGE sales from March 2002 and July 2022 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the March 2002 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the July 2022 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is DECOY COTTAGE?

DECOY COTTAGE is 152m², which includes four extensions, according to the EPC inspection conducted in March 2022. This puts it in the largest 30% of detached houses in Potter Heigham, based on EPC data. The below chart shows the distribution of detached houses by size in Potter Heigham, and where DECOY COTTAGE lies on this distribution: 71% of detached houses are smaller than DECOY COTTAGE, and 28% of houses are larger. Note that EPC data is not available for all properties in Potter Heigham.

DECOY COTTAGE: Plot and Title Map

DECOY COTTAGE sits on a plot of roughly 0.403 of an acre, or 1,632m². The below map shows the location of DECOY COTTAGE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of DECOY COTTAGE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is DECOY COTTAGE?

DECOY COTTAGE is located on DECOY ROAD in POTTER HEIGHAM, in the NR29 postcode district. The below map shows the position of DECOY COTTAGE on DECOY ROAD.