LAUREL COTTAGE, LOWER GLOBE LANE, BLOFIELD, NORWICH, NR13 4RJ - £355,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

LAUREL COTTAGE is a small detached house of 103m², built sometime between 1950 and 1966. It was last sold for £355,000 in March 2022, which was around 12% below the average March 2022 detached price in the Broadland local authority area. The most recent EPC inspection was December 2021, where the current energy rating was E, and the potential energy rating was C.

LAUREL COTTAGE Sold Prices

Land registry data shows two sales for LAUREL 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 LAUREL 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
2022 31 MAR	£355,000	£405,618	12% below HPI
2015 12 OCT	£264,995	£296,001	10% below HPI

LAUREL 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 LAUREL COTTAGE sales from October 2015 and March 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 October 2015 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the March 2022 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is LAUREL COTTAGE?

LAUREL COTTAGE is 103m² according to the EPC inspection conducted in December 2021. This puts it in the smallest 30% of detached houses in Blofield, based on EPC data. The below chart shows the distribution of detached houses by size in Blofield, and where LAUREL COTTAGE lies on this distribution: 28% of detached houses are smaller than LAUREL COTTAGE, and 72% of houses are larger. Note that EPC data is not available for all properties in Blofield.

LAUREL COTTAGE: Plot and Title Map

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

LAUREL COTTAGE is located on LOWER GLOBE LANE in BLOFIELD, in the NR13 postcode district. The below map shows the position of LAUREL COTTAGE on LOWER GLOBE LANE.