MICAWBER COTTAGE, FAKENHAM ROAD, STIBBARD, FAKENHAM, NR21 0EN - £400,000

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.

MICAWBER COTTAGE is a small extended semi-detached house of 126m², built sometime before 1900, which could now be worth an estimated £447,469. It was last sold for £400,000 in June 2021, which was around 57% above the average June 2021 semi-detached price in the North Norfolk local authority area. The most recent EPC inspection was May 2021, where the current energy rating was E, and the potential energy rating was B.

MICAWBER COTTAGE Sold Prices

Land registry data shows two sales for MICAWBER COTTAGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the North Norfolk local authority area for the corresponding sale date. Both of the two MICAWBER 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
2021 28 JUN	£400,000	£254,379	57% above HPI
1997 20 JAN	£67,500	£44,901	50% above HPI

MICAWBER COTTAGE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Norfolk local authority area over time, sourced from the HPI. The two MICAWBER COTTAGE sales from January 1997 and June 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 January 1997 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the June 2021 sale, where it rises to 57% above the HPI. The line then continues to track at 57% above the HPI.

What might MICAWBER COTTAGE be worth now?

MICAWBER COTTAGE might now be worth an estimated £447,469.

This is based on house price inflation of 11.9%, between June 2021 and February 2025, for semi-detached houses, in the North Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 11.9% inflationary increase is applied to the most recent sale price for MICAWBER COTTAGE of £400,000 on 28th June 2021. For the value to have increased from £400,000 to £447,469 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of MICAWBER COTTAGE has moved in line with the HPI for semi-detached houses in the North Norfolk local authority area.
• The June 2021 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of MICAWBER COTTAGE has not materially changed since June 2021.

How Large is MICAWBER COTTAGE?

MICAWBER COTTAGE is 126m², which includes one extension, according to the EPC inspection conducted in May 2021. This puts it in the smallest 40% of semi-detached houses houses in Stibbard, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Stibbard, and where MICAWBER COTTAGE lies on this distribution: 38% of semi-detached houses houses are smaller than MICAWBER COTTAGE, and 59% of houses are larger. Note that EPC data is not available for all properties in Stibbard.

MICAWBER COTTAGE: Plot and Title Map

MICAWBER COTTAGE sits on a plot of roughly 0.160 of an acre, or 646m². The below map shows the location of MICAWBER 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 MICAWBER 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 MICAWBER COTTAGE?

MICAWBER COTTAGE is located on FAKENHAM ROAD in STIBBARD, in the NR21 postcode district. The below map shows the position of MICAWBER COTTAGE on FAKENHAM ROAD.