CORNER COTTAGE, GREEN LANE, POTTER HEIGHAM, GREAT YARMOUTH, NR29 5LP - £220,000

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.

CORNER COTTAGE is a very small detached house of 82m², built sometime before 1900, which could now be worth an estimated £265,399. It was last sold for £220,000 in December 2019, which was around 38% below the average December 2019 detached price in the North Norfolk local authority area. The most recent EPC inspection was August 2017, where the current energy rating was F, and the potential energy rating was A.

CORNER COTTAGE Sold Prices

Land registry data shows four sales for CORNER COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. All of the four CORNER 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
2019 2 DEC	£220,000	£357,122	38% below HPI
2014 23 MAY	£160,000	£264,137	39% below HPI
2010 30 MAR	£150,000	£238,116	37% below HPI
2004 6 JUL	£160,000	£211,338	24% below 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 four CORNER COTTAGE sales between July 2004 and December 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 May 2014 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the December 2019 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might CORNER COTTAGE be worth now?

CORNER COTTAGE might now be worth an estimated £265,399.

This is based on house price inflation of 20.6%, between December 2019 and February 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 20.6% inflationary increase is applied to the most recent sale price for CORNER COTTAGE of £220,000 on 2nd December 2019. For the value to have increased from £220,000 to £265,399 over the six years and ten months to February 2025, the following assumptions must hold true:

• The value of CORNER COTTAGE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The December 2019 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of CORNER COTTAGE has not materially changed since December 2019.

How Large is CORNER COTTAGE?

CORNER COTTAGE is 82m² according to the EPC inspection conducted in August 2017. This puts it in the smallest 20% of detached houses houses in Potter Heigham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Potter Heigham, and where CORNER COTTAGE lies on this distribution: 17% of detached houses houses are smaller than CORNER COTTAGE, and 83% of houses are larger. Note that EPC data is not available for all properties in Potter Heigham.

CORNER COTTAGE: Plot and Title Map

CORNER COTTAGE sits on a plot of roughly 0.090 of an acre, or 364m². 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 GREEN LANE in POTTER HEIGHAM, in the NR29 postcode district. The below map shows the position of CORNER COTTAGE on GREEN LANE.