MARSHGATE COTTAGE, MARSHGATE, NORTH WALSHAM, NR28 9LG - £480,000

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

MARSHGATE COTTAGE is a very large extended detached house of 169m², built sometime before 1900. It was last sold for £480,000 in February 2021, which was around 28% above the average February 2021 detached price in the North Norfolk local authority area. The most recent EPC inspection was November 2020, where the current energy rating was E, and the potential energy rating was C.

MARSHGATE COTTAGE Sold Prices

Land registry data shows two sales for MARSHGATE 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. One of the two MARSHGATE COTTAGE sales was for above the average price, whilst the other was 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
2021 26 FEB	£480,000	£375,732	28% above HPI
2014 4 SEP	£250,000	£266,419	6% below HPI

MARSHGATE 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 MARSHGATE COTTAGE sales from September 2014 and February 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 September 2014 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the February 2021 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is MARSHGATE COTTAGE?

MARSHGATE COTTAGE is 169m², which includes two extensions, according to the EPC inspection conducted in November 2020. This puts it in the largest 10% of detached houses in North Walsham, based on EPC data. The below chart shows the distribution of detached houses by size in North Walsham, and where MARSHGATE COTTAGE lies on this distribution: 93% of detached houses are smaller than MARSHGATE COTTAGE, and 7% of houses are larger. Note that EPC data is not available for all properties in North Walsham.

MARSHGATE COTTAGE: Plot and Title Map

MARSHGATE COTTAGE sits on a plot of roughly 0.243 of an acre, or 984m². The below map shows the location of MARSHGATE 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 MARSHGATE 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 MARSHGATE COTTAGE?

MARSHGATE COTTAGE is located on MARSHGATE in NORTH WALSHAM, in the NR28 postcode district. The below map shows the position of MARSHGATE COTTAGE on MARSHGATE.