COTTAGE, 2, NEW ROAD, ACLE, NORWICH, NR13 3BE - £134,000

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

COTTAGE is a small extended detached house of 81m², built sometime before 1900. It was last sold for £134,000 in December 2004, which was around 38% below the average December 2004 detached price in the Broadland local authority area. The most recent EPC inspection was January 2009, where the current energy rating was D, and the potential energy rating was D.

COTTAGE Sold Prices

Land registry data shows two sales for 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 Broadland local authority area for the corresponding sale date. Both of the two 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
2004 14 DEC	£134,000	£217,258	38% below HPI
2002 14 JUN	£98,000	£155,567	37% below HPI

COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broadland local authority area over time, sourced from the HPI. The two COTTAGE sales from June 2002 and December 2004 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 June 2002 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the December 2004 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is COTTAGE?

COTTAGE is 81m², which includes one extension, according to the EPC inspection conducted in January 2009. This puts it in the smallest 30% of detached houses in Acle, based on EPC data. The below chart shows the distribution of detached houses by size in Acle, and where COTTAGE lies on this distribution: 27% of detached houses are smaller than COTTAGE, and 73% of houses are larger. Note that EPC data is not available for all properties in Acle.

COTTAGE: Plot and Title Map

COTTAGE sits on a plot of roughly 0.035 of an acre, or 141m². The below map shows the location of 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 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 COTTAGE?

COTTAGE is located on NEW ROAD in ACLE, in the NR13 postcode district. The below map shows the position of COTTAGE on NEW ROAD.