HORSESHOE COTTAGE, CHAPEL LANE, HOCKERING, DEREHAM, NR20 3HR - £265,000

HORSESHOE COTTAGE is a very small extended detached house of 73m², built sometime before 1900. It was last sold for £265,000 in August 2023, which was around 27% below the average August 2023 detached price in the Breckland local authority area. The most recent EPC inspection was February 2014, where the current energy rating was E, and the potential energy rating was B.

HORSESHOE COTTAGE Sold Prices

Land registry data shows five sales for HORSESHOE COTTAGE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. All of the five HORSESHOE COTTAGE sales were for below 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
2023 29 AUG	£265,000	£362,013	27% below HPI
2020 29 MAY	£213,000	£293,431	27% below HPI
2014 18 JUL	£193,500	£229,472	16% below HPI
2002 5 APR	£104,000	£132,305	21% below HPI
1998 3 JUL	£41,500	£78,897	47% below HPI

HORSESHOE COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Breckland local authority area over time, sourced from the HPI. The five HORSESHOE COTTAGE sales between July 1998 and August 2023 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 May 2020 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the August 2023 sale, which was also at 27% below the HPI.

How Large is HORSESHOE COTTAGE?

HORSESHOE COTTAGE is 73m², which includes one extension, according to the EPC inspection conducted in February 2014. This puts it in the smallest 20% of detached houses in Hockering, based on EPC data. The below chart shows the distribution of detached houses by size in Hockering, and where HORSESHOE COTTAGE lies on this distribution: 11% of detached houses are smaller than HORSESHOE COTTAGE, and 89% of houses are larger. Note that EPC data is not available for all properties in Hockering.

HORSESHOE COTTAGE: Plot and Title Map

HORSESHOE COTTAGE sits on a plot of roughly 0.081 of an acre, or 326m². The below map shows the location of HORSESHOE 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 HORSESHOE 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 HORSESHOE COTTAGE?

HORSESHOE COTTAGE is located on CHAPEL LANE in HOCKERING, in the NR20 postcode district. The below map shows the position of HORSESHOE COTTAGE on CHAPEL LANE.