ASH COTTAGE, FIELD LANE, HEMPNALL, NORWICH, NR15 2PB - £267,500

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

ASH COTTAGE is a large extended detached house of 133m², built sometime before 1900. It was last sold for £267,500 in August 2017, which was around 17% below the average August 2017 detached price in the South Norfolk local authority area. The most recent EPC inspection was September 2013, where the current energy rating was E, and the potential energy rating was B.

ASH COTTAGE Sold Prices

Land registry data shows four sales for ASH COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. Most of the four ASH 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 25 AUG	£267,500	£322,914	17% below HPI
2013 1 JUL	£227,000	£240,168	5% below HPI
2002 28 MAR	£160,000	£148,795	8% above HPI
1996 24 MAY	£36,000	£70,064	49% below HPI

ASH COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The four ASH COTTAGE sales between May 1996 and August 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 July 2013 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the August 2017 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is ASH COTTAGE?

ASH COTTAGE is 133m², which includes one extension, according to the EPC inspection conducted in September 2013. This puts it in the largest 40% of detached houses in Hempnall, based on EPC data. The below chart shows the distribution of detached houses by size in Hempnall, and where ASH COTTAGE lies on this distribution: 66% of detached houses are smaller than ASH COTTAGE, and 33% of houses are larger. Note that EPC data is not available for all properties in Hempnall.

ASH COTTAGE: Plot and Title Map

ASH COTTAGE sits on a plot of roughly 0.123 of an acre, or 499m². The below map shows the location of ASH 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 ASH 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 ASH COTTAGE?

ASH COTTAGE is located on FIELD LANE in HEMPNALL, in the NR15 postcode district. The below map shows the position of ASH COTTAGE on FIELD LANE.