LAVENDER COTTAGE, THE STREET, ERPINGHAM, NORWICH, NR11 7QB - £270,000

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

LAVENDER COTTAGE is a very small detached house of 90m², built sometime from 2007 onwards. It was last sold for £270,000 in December 2018, which was around 21% below the average December 2018 detached price in the North Norfolk local authority area. The most recent EPC inspection was January 2010, where the current energy rating was C, and the potential energy rating was C.

LAVENDER COTTAGE Sold Prices

Land registry data shows three sales for LAVENDER 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 North Norfolk local authority area for the corresponding sale date. The three LAVENDER COTTAGE sales were a mix of below the average price, and roughly equal to 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
2018 18 DEC	£270,000	£340,956	21% below HPI
2010 19 NOV	£214,950	£247,394	13% below HPI
2007 20 DEC	£267,000	£266,859	Close to HPI

LAVENDER COTTAGE 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 three LAVENDER COTTAGE sales between December 2007 and December 2018 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 2010 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the December 2018 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is LAVENDER COTTAGE?

LAVENDER COTTAGE is 90m² according to the EPC inspection conducted in January 2010. This puts it in the smallest 10% of detached houses in Erpingham, based on EPC data. The below chart shows the distribution of detached houses by size in Erpingham, and where LAVENDER COTTAGE lies on this distribution: 6% of detached houses are smaller than LAVENDER COTTAGE, and 94% of houses are larger. Note that EPC data is not available for all properties in Erpingham.

LAVENDER COTTAGE: Plot and Title Map

LAVENDER COTTAGE sits on a plot of roughly 0.106 of an acre, or 427m². The below map shows the location of LAVENDER 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 LAVENDER 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 LAVENDER COTTAGE?

LAVENDER COTTAGE is located on THE STREET in ERPINGHAM, in the NR11 postcode district. The below map shows the position of LAVENDER COTTAGE on THE STREET.