CORDWAINERS, THE STREET, LONG STRATTON, NORWICH, NR15 2AH - £310,000

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

CORDWAINERS is a large extended detached house of 130m², built sometime before 1900. It was last sold for £310,000 in June 2021, which was around 17% below the average June 2021 detached price in the South Norfolk local authority area. The most recent EPC inspection was July 2020, where the current energy rating was E, and the potential energy rating was C.

CORDWAINERS Sold Prices

Land registry data shows two sales for CORDWAINERS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. Both of the two CORDWAINERS 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
2021 30 JUN	£310,000	£371,330	17% below HPI
2014 1 AUG	£200,000	£269,922	26% below HPI

CORDWAINERS Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The two CORDWAINERS sales from August 2014 and June 2021 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 2014 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the June 2021 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is CORDWAINERS?

CORDWAINERS is 130m², which includes three extensions, according to the EPC inspection conducted in July 2020. This puts it in the largest 40% of detached houses in Long Stratton, based on EPC data. The below chart shows the distribution of detached houses by size in Long Stratton, and where CORDWAINERS lies on this distribution: 69% of detached houses are smaller than CORDWAINERS, and 31% of houses are larger. Note that EPC data is not available for all properties in Long Stratton.

CORDWAINERS: Plot and Title Map

CORDWAINERS sits on a plot of roughly 0.048 of an acre, or 192m². The below map shows the location of CORDWAINERS, 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 CORDWAINERS). 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 CORDWAINERS?

CORDWAINERS is located on THE STREET in LONG STRATTON, in the NR15 postcode district. The below map shows the position of CORDWAINERS on THE STREET.