12, THE COTTAGE DRIVE, NORWICH, NR7 0JB - £557,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

12 THE COTTAGE DRIVE is a very large extended detached house of 171m², built sometime between 1976 and 1982. It was last sold for £557,500 in November 2021, which was around 44% above the average November 2021 detached price in the Broadland local authority area. The most recent EPC inspection was June 2019, where the current energy rating was C, and the potential energy rating was B.

12 THE COTTAGE DRIVE Sold Prices

Land registry data shows three sales for 12 THE COTTAGE DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. One of the three 12 THE COTTAGE DRIVE sales was for above the average price, whilst two 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
2021 16 NOV	£557,500	£386,708	44% above HPI
2012 20 JUL	£229,950	£240,207	4% below HPI
1999 26 APR	£83,000	£86,065	4% below HPI

12 THE COTTAGE DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broadland local authority area over time, sourced from the HPI. The three 12 THE COTTAGE DRIVE sales between April 1999 and November 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 July 2012 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the November 2021 sale, where it rises to 44% above the HPI. The line then continues to track at 44% above the HPI.

How Large is 12 THE COTTAGE DRIVE?

12 THE COTTAGE DRIVE is 171m², which includes one extension, according to the EPC inspection conducted in June 2019. This puts it in the largest 20% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 12 THE COTTAGE DRIVE lies on this distribution: 89% of detached houses are smaller than 12 THE COTTAGE DRIVE, and 10% of houses are larger. Note that EPC data is not available for all properties in Norwich.

12 THE COTTAGE DRIVE: Plot and Title Map

12 THE COTTAGE DRIVE sits on a plot of roughly 0.097 of an acre, or 394m². The below map shows the location of 12 THE COTTAGE DRIVE, 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 12 THE COTTAGE DRIVE). 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 12 THE COTTAGE DRIVE?

12 THE COTTAGE DRIVE is located in NORWICH, in the NR7 postcode district. The below map shows the position of No. 12 on THE COTTAGE DRIVE.