MAGNOLIA COTTAGE, 8, HOLT ROAD, SHERINGHAM, NR26 8NA - £850,000

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

MAGNOLIA COTTAGE is a very large detached house of 226m², built sometime between 1930 and 1949. It was last sold for £850,000 in November 2023, which was around 94% above the average November 2023 detached price in the North Norfolk local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was C.

MAGNOLIA COTTAGE Sold Prices

Land registry data shows two sales for MAGNOLIA 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 North Norfolk local authority area for the corresponding sale date. Both of the two MAGNOLIA 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
2023 14 NOV	£850,000	£437,448	94% above HPI
2012 18 MAY	£465,000	£233,257	99% above HPI

MAGNOLIA 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 two MAGNOLIA COTTAGE sales from May 2012 and November 2023 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 May 2012 sale was for 99% above the HPI. So the extrapolation line tracks at 99% above the HPI over time, until the November 2023 sale, where it falls to 94% above the HPI. The line then continues to track at 94% above the HPI.

How Large is MAGNOLIA COTTAGE?

MAGNOLIA COTTAGE is 226m² according to the EPC inspection conducted in June 2023. This puts it in the largest 10% of detached houses in Sheringham, based on EPC data. The below chart shows the distribution of detached houses by size in Sheringham, and where MAGNOLIA COTTAGE lies on this distribution: 95% of detached houses are smaller than MAGNOLIA COTTAGE, and 5% of houses are larger. Note that EPC data is not available for all properties in Sheringham.

MAGNOLIA COTTAGE: Plot and Title Map

MAGNOLIA COTTAGE sits on a plot of roughly 0.245 of an acre, or 993m². The below map shows the location of MAGNOLIA 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 MAGNOLIA 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 MAGNOLIA COTTAGE?

MAGNOLIA COTTAGE is located on HOLT ROAD in SHERINGHAM, in the NR26 postcode district. The below map shows the position of MAGNOLIA COTTAGE on HOLT ROAD.