VALE COTTAGE, NORTH WALSHAM ROAD, BACTON, NORWICH, NR12 0LN - £349,000

VALE COTTAGE is a large extended detached house of 148m², built sometime between 1967 and 1975. It was last sold for £349,000 in March 2021, which was around 6% below the average March 2021 detached price in the North Norfolk local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was B.

VALE COTTAGE Sold Prices

Land registry data shows two sales for VALE 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. One of the two VALE COTTAGE sales was for below the average price, whilst the other was 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
2021 5 MAR	£349,000	£370,260	6% below HPI
1997 22 AUG	£85,000	£74,432	14% above HPI

VALE 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 VALE COTTAGE sales from August 1997 and March 2021 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 August 1997 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the March 2021 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is VALE COTTAGE?

VALE COTTAGE is 148m², which includes one extension, according to the EPC inspection conducted in March 2020. This puts it in the largest 30% of detached houses in Bacton, based on EPC data. The below chart shows the distribution of detached houses by size in Bacton, and where VALE COTTAGE lies on this distribution: 73% of detached houses are smaller than VALE COTTAGE, and 27% of houses are larger. Note that EPC data is not available for all properties in Bacton.

VALE COTTAGE: Plot and Title Map

VALE COTTAGE sits on a plot of roughly 0.277 of an acre, or 1,119m². The below map shows the location of VALE 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 VALE 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 VALE COTTAGE?

VALE COTTAGE is located on NORTH WALSHAM ROAD in BACTON, in the NR12 postcode district. The below map shows the position of VALE COTTAGE on NORTH WALSHAM ROAD.