NURSERY COTTAGE, SUTTON ROAD, HICKLING, NORWICH, NR12 0AS - £550,000

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

NURSERY COTTAGE is a midsized detached house of 109m², built sometime between 1996 and 2002, which could now be worth an estimated £537,567. It was last sold for £550,000 in March 2023, which was around 28% above the average March 2023 detached price in the North Norfolk local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was A.

NURSERY COTTAGE Sold Prices

Land registry data shows two sales for NURSERY COTTAGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. Both of the two NURSERY 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
2023 31 MAR	£550,000	£430,618	28% above HPI
2004 12 FEB	£277,500	£200,720	38% above HPI

NURSERY COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Norfolk local authority area over time, sourced from the HPI. The two NURSERY COTTAGE sales from February 2004 and March 2023 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 February 2004 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the March 2023 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might NURSERY COTTAGE be worth now?

NURSERY COTTAGE might now be worth an estimated £537,567.

This is based on house price deflation of 2.3%, between March 2023 and December 2024, for 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 2.3% deflationary decrease is applied to the most recent sale price for NURSERY COTTAGE of £550,000 on 31st March 2023. For the value to have decreased from £550,000 to £537,567 over the three months to December 2024, the following assumptions must hold true:

• The value of NURSERY COTTAGE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The March 2023 sale price of £550,000 represented a fair market value for the property.
• The size, condition, and specification of NURSERY COTTAGE has not materially changed since March 2023.

How Large is NURSERY COTTAGE?

NURSERY COTTAGE is 109m² according to the EPC inspection conducted in October 2022. This puts it in the smallest 50% of detached houses houses in Hickling, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hickling, and where NURSERY COTTAGE lies on this distribution: 48% of detached houses houses are smaller than NURSERY COTTAGE, and 50% of houses are larger. Note that EPC data is not available for all properties in Hickling.

NURSERY COTTAGE: Plot and Title Map

NURSERY COTTAGE sits on a plot of roughly 1.6 acres, or 6,288m². The below map shows the location of NURSERY 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 NURSERY 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 NURSERY COTTAGE?

NURSERY COTTAGE is located on SUTTON ROAD in HICKLING, in the NR12 postcode district. The below map shows the position of NURSERY COTTAGE on SUTTON ROAD.