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

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

COBWEB COTTAGE is a large detached house of 131m², built sometime between 1983 and 1990. It was last sold for £350,000 in August 2017, which was around 7% 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. All of the three COBWEB COTTAGE sales were for above 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	£326,061	7% above HPI
2014 14 MAR	£285,000	£252,583	13% above HPI
2008 8 AUG	£250,000	£246,709	1% above 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 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the August 2017 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

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 in Ludham, based on EPC data. The below chart shows the distribution of detached houses by size in Ludham, and where COBWEB COTTAGE lies on this distribution: 70% of detached houses are smaller than COBWEB COTTAGE, and 30% 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.