COBWEB COTTAGE, NORWICH ROAD, LUDHAM, GREAT YARMOUTH, NR29 5PB - £350,000

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.

COBWEB COTTAGE is a large detached house of 131m², built sometime between 1983 and 1990, which could now be worth an estimated £450,257. It was last sold for £350,000 in August 2017, which was around 6% above the average August 2017 detached price in the North Norfolk local authority area. The most recent EPC inspection was May 2017, where the current energy rating was C, and the potential energy rating was C.

COBWEB COTTAGE Sold Prices

Land registry data shows three sales for COBWEB 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. The three COBWEB COTTAGE sales were a mix of above the average price, and roughly equal to 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 10 AUG	£350,000	£329,217	6% above HPI
2014 14 MAR	£285,000	£255,028	12% above HPI
2008 8 AUG	£250,000	£249,097	Close to HPI

COBWEB 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 COBWEB COTTAGE sales between August 2008 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 March 2014 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the August 2017 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might COBWEB COTTAGE be worth now?

COBWEB COTTAGE might now be worth an estimated £450,257.

This is based on house price inflation of 28.6%, between August 2017 and March 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 28.6% inflationary increase is applied to the most recent sale price for COBWEB COTTAGE of £350,000 on 10th August 2017. For the value to have increased from £350,000 to £450,257 over the eight years and five months to March 2025, the following assumptions must hold true:

• The value of COBWEB COTTAGE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The August 2017 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of COBWEB COTTAGE has not materially changed since August 2017.

How Large is COBWEB COTTAGE?

COBWEB COTTAGE is 131m² according to the EPC inspection conducted in May 2017. This puts it in the largest 30% of detached houses houses in Ludham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ludham, and where COBWEB COTTAGE lies on this distribution: 71% of detached houses houses are smaller than COBWEB COTTAGE, and 29% of houses are larger. Note that EPC data is not available for all properties in Ludham.

COBWEB COTTAGE: Plot and Title Map

COBWEB COTTAGE sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of COBWEB 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 COBWEB 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 COBWEB COTTAGE?

COBWEB COTTAGE is located on NORWICH ROAD in LUDHAM, in the NR29 postcode district. The below map shows the position of COBWEB COTTAGE on NORWICH ROAD.