CORNER COTTAGE, BROOMHILL, EAST RUNTON, CROMER, NR27 9PF - £415,000

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

CORNER COTTAGE is a small extended detached house of 102m², built sometime between 1991 and 1995. It was last sold for £415,000 in October 2019, which was around 17% above the average October 2019 detached price in the North Norfolk local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was C.

CORNER COTTAGE Sold Prices

Land registry data shows two sales for CORNER COTTAGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. Both of the two CORNER 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
2019 31 OCT	£415,000	£355,649	17% above HPI
2013 15 FEB	£250,000	£238,584	5% above HPI

CORNER 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 two CORNER COTTAGE sales from February 2013 and October 2019 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 2013 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the October 2019 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is CORNER COTTAGE?

CORNER COTTAGE is 102m², which includes one extension, according to the EPC inspection conducted in July 2012. This puts it in the smallest 30% of detached houses in East Runton, based on EPC data. The below chart shows the distribution of detached houses by size in East Runton, and where CORNER COTTAGE lies on this distribution: 28% of detached houses are smaller than CORNER COTTAGE, and 70% of houses are larger. Note that EPC data is not available for all properties in East Runton.

CORNER COTTAGE: Plot and Title Map

CORNER COTTAGE sits on a plot of roughly 0.102 of an acre, or 414m². The below map shows the location of CORNER 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 CORNER 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 CORNER COTTAGE?

CORNER COTTAGE is located on BROOMHILL in EAST RUNTON, in the NR27 postcode district. The below map shows the position of CORNER COTTAGE on BROOMHILL.