1, POND COTTAGE, GUIST BOTTOM ROAD, STIBBARD, FAKENHAM, NR21 0AQ - £360,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 POND COTTAGE is a very small extended semi-detached house of 75m², built sometime between 1900 and 1929, which could now be worth an estimated £405,625. It was last sold for £360,000 in October 2020, which was around 43% above the average October 2020 semi-detached price in the North Norfolk local authority area. The most recent EPC inspection was June 2019, where the current energy rating was E, and the potential energy rating was C.

1 POND COTTAGE Sold Prices

Land registry data shows three sales for 1 POND COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the North Norfolk local authority area for the corresponding sale date. Two of the three 1 POND COTTAGE sales were for above the average price, whilst one was 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
2020 16 OCT	£360,000	£252,559	43% above HPI
2007 23 NOV	£200,000	£176,371	13% above HPI
1998 31 JUL	£48,000	£53,171	10% below HPI

1 POND COTTAGE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Norfolk local authority area over time, sourced from the HPI. The three 1 POND COTTAGE sales between July 1998 and October 2020 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 November 2007 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the October 2020 sale, where it rises to 43% above the HPI. The line then continues to track at 43% above the HPI.

What might 1 POND COTTAGE be worth now?

1 POND COTTAGE might now be worth an estimated £405,625.

This is based on house price inflation of 12.7%, between October 2020 and February 2025, for semi-detached houses, in the North Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 12.7% inflationary increase is applied to the most recent sale price for 1 POND COTTAGE of £360,000 on 16th October 2020. For the value to have increased from £360,000 to £405,625 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of 1 POND COTTAGE has moved in line with the HPI for semi-detached houses in the North Norfolk local authority area.
• The October 2020 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 1 POND COTTAGE has not materially changed since October 2020.

How Large is 1 POND COTTAGE?

1 POND COTTAGE is 75m², which includes one extension, according to the EPC inspection conducted in June 2019. This puts it in the smallest 10% of semi-detached houses houses in Stibbard, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Stibbard, and where 1 POND COTTAGE lies on this distribution: 3% of semi-detached houses houses are smaller than 1 POND COTTAGE, and 97% of houses are larger. Note that EPC data is not available for all properties in Stibbard.

1 POND COTTAGE: Plot and Title Map

1 POND COTTAGE sits on a plot of roughly 0.103 of an acre, or 418m². The below map shows the location of 1 POND 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 1 POND 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 1 POND COTTAGE?

1 POND COTTAGE is located on GUIST BOTTOM ROAD in STIBBARD, in the NR21 postcode district. The below map shows the position of 1 POND COTTAGE on GUIST BOTTOM ROAD.