BARN COTTAGE, OSTEND ROAD, WALCOTT, NORWICH, NR12 0PG - £325,000

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

BARN COTTAGE is a very large extended detached house of 159m², built sometime before 1900. It was last sold for £325,000 in April 2016, which was around 9% above the average April 2016 detached price in the North Norfolk local authority area. The most recent EPC inspection was May 2014, where the current energy rating was E, and the potential energy rating was C.

BARN COTTAGE Sold Prices

Land registry data shows three sales for BARN COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. Two of the three BARN 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
2016 29 APR	£325,000	£299,128	9% above HPI
2003 14 FEB	£205,000	£178,073	15% above HPI
1997 27 JUN	£65,000	£74,504	13% below HPI

BARN 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 three BARN COTTAGE sales between June 1997 and April 2016 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 February 2003 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the April 2016 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is BARN COTTAGE?

BARN COTTAGE is 159m², which includes two extensions, according to the EPC inspection conducted in May 2014. This puts it in the largest 10% of detached houses in Walcott, based on EPC data. The below chart shows the distribution of detached houses by size in Walcott, and where BARN COTTAGE lies on this distribution: 99% of detached houses are smaller than BARN COTTAGE, and 1% of houses are larger. Note that EPC data is not available for all properties in Walcott.

BARN COTTAGE: Plot and Title Map

BARN COTTAGE sits on a plot of roughly 0.240 of an acre, or 972m². The below map shows the location of BARN 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 BARN 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 BARN COTTAGE?

BARN COTTAGE is located on OSTEND ROAD in WALCOTT, in the NR12 postcode district. The below map shows the position of BARN COTTAGE on OSTEND ROAD.