COTTAGE FARMHOUSE, MARKET STREET, TUNSTEAD, NORWICH, NR12 8AH - £550,000

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 FARMHOUSE is a large detached house of 110m², built sometime between 1950 and 1966. It was last sold for £550,000 in June 2021, which was around 42% above the average June 2021 detached price in the North Norfolk local authority area. The most recent EPC inspection was September 2009, where the current energy rating was E, and the potential energy rating was D.

COTTAGE FARMHOUSE Sold Prices

Land registry data shows two sales for COTTAGE FARMHOUSE 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 COTTAGE FARMHOUSE 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
2021 24 JUN	£550,000	£386,352	42% above HPI
2011 3 NOV	£245,000	£239,111	2% above HPI

COTTAGE FARMHOUSE 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 COTTAGE FARMHOUSE sales from November 2011 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 November 2011 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the June 2021 sale, where it rises to 42% above the HPI. The line then continues to track at 42% above the HPI.

How Large is COTTAGE FARMHOUSE?

COTTAGE FARMHOUSE is 110m² according to the EPC inspection conducted in September 2009. This puts it in the largest 40% of detached houses in Tunstead, based on EPC data. The below chart shows the distribution of detached houses by size in Tunstead, and where COTTAGE FARMHOUSE lies on this distribution: 64% of detached houses are smaller than COTTAGE FARMHOUSE, and 36% of houses are larger. Note that EPC data is not available for all properties in Tunstead.

COTTAGE FARMHOUSE: Plot and Title Map

COTTAGE FARMHOUSE sits on a plot of roughly 0.279 of an acre, or 1,128m². The below map shows the location of COTTAGE FARMHOUSE, 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 FARMHOUSE). 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 FARMHOUSE?

COTTAGE FARMHOUSE is located on MARKET STREET in TUNSTEAD, in the NR12 postcode district. The below map shows the position of COTTAGE FARMHOUSE on MARKET STREET.