NORTON COTTAGE, LONG LANE, HERMITAGE, THATCHAM, RG18 9TE - £438,500

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

NORTON COTTAGE is a small extended detached house of 127m², built sometime before 1900. It was last sold for £438,500 in December 2016, which was around 21% below the average December 2016 detached price in the West Berkshire local authority area. The most recent EPC inspection was September 2008, where the current energy rating was D, and the potential energy rating was D.

NORTON COTTAGE Sold Prices

Land registry data shows three sales for NORTON COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Berkshire local authority area for the corresponding sale date. All of the three NORTON COTTAGE sales were 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
2016 16 DEC	£438,500	£553,358	21% below HPI
2010 30 JUN	£330,000	£389,027	15% below HPI
2003 27 JUN	£202,000	£326,037	38% below HPI

NORTON COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Berkshire local authority area over time, sourced from the HPI. The three NORTON COTTAGE sales between June 2003 and December 2016 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 June 2010 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the December 2016 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is NORTON COTTAGE?

NORTON COTTAGE is 127m², which includes one extension, according to the EPC inspection conducted in September 2008. This puts it in the smallest 40% of detached houses in Hermitage, based on EPC data. The below chart shows the distribution of detached houses by size in Hermitage, and where NORTON COTTAGE lies on this distribution: 34% of detached houses are smaller than NORTON COTTAGE, and 66% of houses are larger. Note that EPC data is not available for all properties in Hermitage.

NORTON COTTAGE: Plot and Title Map

NORTON COTTAGE sits on a plot of roughly 0.231 of an acre, or 935m². 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 LONG LANE in HERMITAGE, in the RG18 postcode district. The below map shows the position of NORTON COTTAGE on LONG LANE.