HAZELWOOD COTTAGE, THE STREET, GREAT HOCKHAM, THETFORD, IP24 1NH - £625,000

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.

HAZELWOOD COTTAGE is a large detached house of 137m², built sometime between 1996 and 2002, which could now be worth an estimated £634,954. It was last sold for £625,000 in June 2022, which was around 71% above the average June 2022 detached price in the Breckland local authority area. The most recent EPC inspection was October 2016, where the current energy rating was E, and the potential energy rating was B.

HAZELWOOD COTTAGE Sold Prices

Land registry data shows three sales for HAZELWOOD COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. All of the three HAZELWOOD 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
2022 24 JUN	£625,000	£364,623	71% above HPI
2017 6 JAN	£375,000	£284,700	32% above HPI
2003 4 JUL	£247,000	£166,711	48% above HPI

HAZELWOOD COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Breckland local authority area over time, sourced from the HPI. The three HAZELWOOD COTTAGE sales between July 2003 and June 2022 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 January 2017 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the June 2022 sale, where it rises to 71% above the HPI. The line then continues to track at 71% above the HPI.

What might HAZELWOOD COTTAGE be worth now?

HAZELWOOD COTTAGE might now be worth an estimated £634,954.

This is based on house price inflation of 1.6%, between June 2022 and February 2025, for detached houses, in the Breckland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.6% inflationary increase is applied to the most recent sale price for HAZELWOOD COTTAGE of £625,000 on 24th June 2022. For the value to have increased from £625,000 to £634,954 over the three years and four months to February 2025, the following assumptions must hold true:

• The value of HAZELWOOD COTTAGE has moved in line with the HPI for detached houses in the Breckland local authority area.
• The June 2022 sale price of £625,000 represented a fair market value for the property.
• The size, condition, and specification of HAZELWOOD COTTAGE has not materially changed since June 2022.

How Large is HAZELWOOD COTTAGE?

HAZELWOOD COTTAGE is 137m² according to the EPC inspection conducted in October 2016. This puts it in the largest 40% of detached houses houses in Great Hockham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Great Hockham, and where HAZELWOOD COTTAGE lies on this distribution: 66% of detached houses houses are smaller than HAZELWOOD COTTAGE, and 34% of houses are larger. Note that EPC data is not available for all properties in Great Hockham.

HAZELWOOD COTTAGE: Plot and Title Map

HAZELWOOD COTTAGE sits on a plot of roughly 0.183 of an acre, or 741m². The below map shows the location of HAZELWOOD 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 HAZELWOOD 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 HAZELWOOD COTTAGE?

HAZELWOOD COTTAGE is located on THE STREET in GREAT HOCKHAM, in the IP24 postcode district. The below map shows the position of HAZELWOOD COTTAGE on THE STREET.