THE COTTAGE, STUBB ROAD, HICKLING, NORWICH, NR12 0BN - £257,500

THE COTTAGE is a very small extended detached house of 79m², built sometime before 1900. It was last sold for £257,500 in January 2017, which was around 18% below the average January 2017 detached price in the North Norfolk local authority area. The most recent EPC inspection was June 2015, where the current energy rating was E, and the potential energy rating was C.

THE COTTAGE Sold Prices

Land registry data shows five sales for THE 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 North Norfolk local authority area for the corresponding sale date. All of the five THE 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
2017 27 JAN	£257,500	£313,296	18% below HPI
2015 14 DEC	£249,995	£295,013	15% below HPI
2007 31 JUL	£201,500	£244,032	17% below HPI
2002 25 JUL	£153,000	£156,189	2% below HPI
1997 19 DEC	£72,000	£79,392	9% below HPI

THE 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 five THE COTTAGE sales between December 1997 and January 2017 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 December 2015 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the January 2017 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is THE COTTAGE?

THE COTTAGE is 79m², which includes three extensions, according to the EPC inspection conducted in June 2015. This puts it in the smallest 20% of detached houses in Hickling, based on EPC data. The below chart shows the distribution of detached houses by size in Hickling, and where THE COTTAGE lies on this distribution: 15% of detached houses are smaller than THE COTTAGE, and 85% of houses are larger. Note that EPC data is not available for all properties in Hickling.

THE COTTAGE: Plot and Title Map

THE COTTAGE sits on a plot of roughly 0.055 of an acre, or 224m². The below map shows the location of THE 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 THE 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 THE COTTAGE?

THE COTTAGE is located on STUBB ROAD in HICKLING, in the NR12 postcode district. The below map shows the position of THE COTTAGE on STUBB ROAD.