MOLE COTTAGE, THE BUTTS, KENNINGHALL, NORWICH, NR16 2EQ - £387,500

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

MOLE COTTAGE is a large extended detached house of 168m², built sometime between 1996 and 2002. It was last sold for £387,500 in December 2018, which was around 28% above the average December 2018 detached price in the Breckland local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was B.

MOLE COTTAGE Sold Prices

Land registry data shows four sales for MOLE COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. Most of the four MOLE 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
2018 17 DEC	£387,500	£301,650	28% above HPI
2006 8 MAY	£238,000	£208,110	14% above HPI
1998 26 JUN	£82,000	£77,456	6% above HPI
1998 16 JAN	£19,500	£74,496	74% below HPI

MOLE COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Breckland local authority area over time, sourced from the HPI. The four MOLE COTTAGE sales between January 1998 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 May 2006 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the December 2018 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is MOLE COTTAGE?

MOLE COTTAGE is 168m², which includes two extensions, according to the EPC inspection conducted in March 2013. This puts it in the largest 40% of detached houses in Kenninghall, based on EPC data. The below chart shows the distribution of detached houses by size in Kenninghall, and where MOLE COTTAGE lies on this distribution: 61% of detached houses are smaller than MOLE COTTAGE, and 39% of houses are larger. Note that EPC data is not available for all properties in Kenninghall.

MOLE COTTAGE: Plot and Title Map

MOLE COTTAGE sits on a plot of roughly 0.179 of an acre, or 725m². The below map shows the location of MOLE 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 MOLE 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 MOLE COTTAGE?

MOLE COTTAGE is located on THE BUTTS in KENNINGHALL, in the NR16 postcode district. The below map shows the position of MOLE COTTAGE on THE BUTTS.