NORTON COTTAGE, HALLETTS SHUTE, NORTON, YARMOUTH, PO41 0SB - £920,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

NORTON COTTAGE is a very large extended detached house of 237m², built sometime before 1900, which could now be worth an estimated £1,042,690. It was last sold for £920,000 in November 2020, which was around 160% above the average November 2020 detached price in the Isle of Wight local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

NORTON COTTAGE Sold Prices

Land registry data shows four sales for NORTON 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 Isle of Wight local authority area for the corresponding sale date. All of the four NORTON 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
2020 12 NOV	£920,000	£353,880	160% above HPI
2015 14 AUG	£555,000	£273,993	103% above HPI
2004 6 MAY	£450,000	£211,235	113% above HPI
1999 10 NOV	£235,000	£105,718	122% above HPI

NORTON COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Isle of Wight local authority area over time, sourced from the HPI. The four NORTON COTTAGE sales between November 1999 and November 2020 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 2015 sale was for 103% above the HPI. So the extrapolation line tracks at 103% above the HPI over time, until the November 2020 sale, where it rises to 160% above the HPI. The line then continues to track at 160% above the HPI.

What might NORTON COTTAGE be worth now?

NORTON COTTAGE might now be worth an estimated £1,042,690.

This is based on house price inflation of 13.3%, between November 2020 and December 2024, for detached houses, in the Isle of Wight local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.3% inflationary increase is applied to the most recent sale price for NORTON COTTAGE of £920,000 on 12th November 2020. For the value to have increased from £920,000 to £1,042,690 over the three years and eleven months to December 2024, the following assumptions must hold true:

• The value of NORTON COTTAGE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The November 2020 sale price of £920,000 represented a fair market value for the property.
• The size, condition, and specification of NORTON COTTAGE has not materially changed since November 2020.

How Large is NORTON COTTAGE?

NORTON COTTAGE is 237m², which includes two extensions, according to the EPC inspection conducted in July 2020. This puts it in the largest 10% of detached houses houses in Norton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Norton, and where NORTON COTTAGE lies on this distribution: 95% of detached houses houses are smaller than NORTON COTTAGE, and 5% of houses are larger. Note that EPC data is not available for all properties in Norton.

NORTON COTTAGE: Plot and Title Map

NORTON COTTAGE sits on a plot of roughly 0.488 of an acre, or 1,974m². The below map shows the location of NORTON 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 NORTON 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 NORTON COTTAGE?

NORTON COTTAGE is located on HALLETTS SHUTE in NORTON, in the PO41 postcode district. The below map shows the position of NORTON COTTAGE on HALLETTS SHUTE.