ORMESBY COTTAGE, BUNGAY ROAD, PORINGLAND, NORWICH, NR14 7NA - £514,500

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

ORMESBY COTTAGE is a large extended detached house of 149m², built sometime before 1900. It was last sold for £514,500 in April 2024, which was around 28% above the average April 2024 detached price in the South Norfolk local authority area. The most recent EPC inspection was June 2021, where the current energy rating was E, and the potential energy rating was A.

ORMESBY COTTAGE Sold Prices

Land registry data shows two sales for ORMESBY 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 South Norfolk local authority area for the corresponding sale date. Both of the two ORMESBY 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
2024 12 APR	£514,500	£403,212	28% above HPI
2004 3 AUG	£358,000	£215,421	66% above HPI

ORMESBY COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The two ORMESBY COTTAGE sales from August 2004 and April 2024 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 2004 sale was for 66% above the HPI. So the extrapolation line tracks at 66% above the HPI over time, until the April 2024 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is ORMESBY COTTAGE?

ORMESBY COTTAGE is 149m², which includes three extensions, according to the EPC inspection conducted in June 2021. This puts it in the largest 40% of detached houses in Poringland, based on EPC data. The below chart shows the distribution of detached houses by size in Poringland, and where ORMESBY COTTAGE lies on this distribution: 70% of detached houses are smaller than ORMESBY COTTAGE, and 30% of houses are larger. Note that EPC data is not available for all properties in Poringland.

ORMESBY COTTAGE: Plot and Title Map

ORMESBY COTTAGE sits on a plot of roughly 0.192 of an acre, or 776m². The below map shows the location of ORMESBY 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 ORMESBY 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 ORMESBY COTTAGE?

ORMESBY COTTAGE is located on BUNGAY ROAD in PORINGLAND, in the NR14 postcode district. The below map shows the position of ORMESBY COTTAGE on BUNGAY ROAD.