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

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.

BARN COTTAGE is a very large extended detached house of 159m², built sometime before 1900, which could now be worth an estimated £463,591. It was last sold for £325,000 in April 2016, which was around 8% 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	£302,024	8% above HPI
2003 14 FEB	£205,000	£179,797	14% above HPI
1997 27 JUN	£65,000	£75,225	14% 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 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the April 2016 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might BARN COTTAGE be worth now?

BARN COTTAGE might now be worth an estimated £463,591.

This is based on house price inflation of 42.6%, between April 2016 and February 2025, for 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 42.6% inflationary increase is applied to the most recent sale price for BARN COTTAGE of £325,000 on 29th April 2016. For the value to have increased from £325,000 to £463,591 over the nine years and two months to February 2025, the following assumptions must hold true:

• The value of BARN COTTAGE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The April 2016 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of BARN COTTAGE has not materially changed since April 2016.

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 houses in Walcott, based on EPC data. The below chart shows the distribution of detached houses houses by size in Walcott, and where BARN COTTAGE lies on this distribution: 99% of detached houses 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.