BRICK COTTAGE, CHAPEL ROAD, HALVERGATE, NORWICH, NR13 3QA - £318,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

BRICK COTTAGE is a very small extended detached house of 71m², built sometime before 1900. It was last sold for £318,000 in April 2022, which was around 21% below the average April 2022 detached price in the Broadland local authority area. The most recent EPC inspection was January 2022, where the current energy rating was E, and the potential energy rating was A.

BRICK COTTAGE Sold Prices

Land registry data shows three sales for BRICK 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 Broadland local authority area for the corresponding sale date. All of the three BRICK 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
2022 21 APR	£318,000	£404,851	21% below HPI
1999 31 AUG	£70,000	£91,326	23% below HPI
1995 9 FEB	£51,995	£69,066	25% below HPI

BRICK COTTAGE 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 BRICK COTTAGE sales between February 1995 and April 2022 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 August 1999 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the April 2022 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is BRICK COTTAGE?

BRICK COTTAGE is 71m², which includes one extension, according to the EPC inspection conducted in January 2022. This puts it in the smallest 20% of detached houses in Halvergate, based on EPC data. The below chart shows the distribution of detached houses by size in Halvergate, and where BRICK COTTAGE lies on this distribution: 11% of detached houses are smaller than BRICK COTTAGE, and 89% of houses are larger. Note that EPC data is not available for all properties in Halvergate.

BRICK COTTAGE: Plot and Title Map

BRICK COTTAGE sits on a plot of roughly 0.113 of an acre, or 456m². The below map shows the location of BRICK 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 BRICK 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 BRICK COTTAGE?

BRICK COTTAGE is located on CHAPEL ROAD in HALVERGATE, in the NR13 postcode district. The below map shows the position of BRICK COTTAGE on CHAPEL ROAD.