COTTAGE BY THE GREEN, THE GREEN, WACTON, NORWICH, NR15 2UN - £185,000

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 BY THE GREEN is a very small extended detached house of 69m², built sometime before 1900. It was last sold for £185,000 in December 2015, which was around 36% below the average December 2015 detached price in the South Norfolk local authority area. The most recent EPC inspection was November 2012, where the current energy rating was E, and the potential energy rating was B.

COTTAGE BY THE GREEN Sold Prices

Land registry data shows four sales for COTTAGE BY THE GREEN since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. All of the four COTTAGE BY THE GREEN 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
2015 7 DEC	£185,000	£289,476	36% below HPI
2014 28 FEB	£165,000	£256,167	36% below HPI
2009 9 OCT	£131,250	£220,966	41% below HPI
1995 11 AUG	£47,000	£71,690	34% below HPI

COTTAGE BY THE GREEN 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 four COTTAGE BY THE GREEN sales between August 1995 and December 2015 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 2014 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the December 2015 sale, which was also at 36% below the HPI.

How Large is COTTAGE BY THE GREEN?

COTTAGE BY THE GREEN is 69m², which includes one extension, according to the EPC inspection conducted in November 2012. This puts it in the smallest 20% of detached houses in Wacton, based on EPC data. The below chart shows the distribution of detached houses by size in Wacton, and where COTTAGE BY THE GREEN lies on this distribution: 11% of detached houses are smaller than COTTAGE BY THE GREEN, and 85% of houses are larger. Note that EPC data is not available for all properties in Wacton.

COTTAGE BY THE GREEN: Plot and Title Map

COTTAGE BY THE GREEN sits on a plot of roughly 0.049 of an acre, or 197m². The below map shows the location of COTTAGE BY THE GREEN, 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 BY THE GREEN). 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 BY THE GREEN?

COTTAGE BY THE GREEN is located on THE GREEN in WACTON, in the NR15 postcode district. The below map shows the position of COTTAGE BY THE GREEN on THE GREEN.