NETHERFIELD COTTAGE, PITS LANE, CHEDGRAVE, NORWICH, NR14 6NQ - £345,000

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.

NETHERFIELD COTTAGE is a very large extended semi-detached house of 195m², built sometime before 1900, which could now be worth an estimated £692,373. It was last sold for £345,000 in June 2009, which was around 144% above the average June 2009 semi-detached price in the South Norfolk local authority area. The most recent EPC inspection was May 2009, where the current energy rating was F, and the potential energy rating was E.

NETHERFIELD COTTAGE Sold Prices

Land registry data shows two sales for NETHERFIELD 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 South Norfolk local authority area for the corresponding sale date. Both of the two NETHERFIELD 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
2009 26 JUN	£345,000	£141,182	144% above HPI
1999 18 AUG	£173,000	£58,083	198% above HPI

NETHERFIELD COTTAGE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the South Norfolk local authority area over time, sourced from the HPI. The two NETHERFIELD COTTAGE sales from August 1999 and June 2009 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 August 1999 sale was for 198% above the HPI. So the extrapolation line tracks at 198% above the HPI over time, until the June 2009 sale, where it falls to 144% above the HPI. The line then continues to track at 144% above the HPI.

What might NETHERFIELD COTTAGE be worth now?

NETHERFIELD COTTAGE might now be worth an estimated £692,373.

This is based on house price inflation of 100.7%, between June 2009 and February 2025, for semi-detached houses, in the South Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 100.7% inflationary increase is applied to the most recent sale price for NETHERFIELD COTTAGE of £345,000 on 26th June 2009. For the value to have increased from £345,000 to £692,373 over the sixteen years and four months to February 2025, the following assumptions must hold true:

• The value of NETHERFIELD COTTAGE has moved in line with the HPI for semi-detached houses in the South Norfolk local authority area.
• The June 2009 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of NETHERFIELD COTTAGE has not materially changed since June 2009.

How Large is NETHERFIELD COTTAGE?

NETHERFIELD COTTAGE is 195m², which includes two extensions, according to the EPC inspection conducted in May 2009. This puts it in the largest 20% of semi-detached houses houses in Chedgrave, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Chedgrave, and where NETHERFIELD COTTAGE lies on this distribution: 85% of semi-detached houses houses are smaller than NETHERFIELD COTTAGE, and 15% of houses are larger. Note that EPC data is not available for all properties in Chedgrave.

NETHERFIELD COTTAGE: Plot and Title Map

NETHERFIELD COTTAGE sits on a plot of roughly 0.247 of an acre, or 998m². The below map shows the location of NETHERFIELD 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 NETHERFIELD 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 NETHERFIELD COTTAGE?

NETHERFIELD COTTAGE is located on PITS LANE in CHEDGRAVE, in the NR14 postcode district. The below map shows the position of NETHERFIELD COTTAGE on PITS LANE.