PEAR TREE COTTAGE, THE STREET, KNAPTON, NORTH WALSHAM, NR28 0SB - £405,000

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.

PEAR TREE COTTAGE is a large extended detached house of 164m², built sometime between 1976 and 1982, which could now be worth an estimated £574,086. It was last sold for £405,000 in June 2016, which was around 33% above the average June 2016 detached price in the North Norfolk local authority area. The most recent EPC inspection was December 2015, where the current energy rating was E, and the potential energy rating was C.

PEAR TREE COTTAGE Sold Prices

Land registry data shows three sales for PEAR TREE 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 North Norfolk local authority area for the corresponding sale date. All of the three PEAR TREE 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
2016 8 JUN	£405,000	£303,928	33% above HPI
2006 7 APR	£310,000	£225,994	37% above HPI
2002 26 JUN	£275,000	£156,714	75% above HPI

PEAR TREE 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 three PEAR TREE COTTAGE sales between June 2002 and June 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 April 2006 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the June 2016 sale, where it falls to 33% above the HPI. The line then continues to track at 33% above the HPI.

What might PEAR TREE COTTAGE be worth now?

PEAR TREE COTTAGE might now be worth an estimated £574,086.

This is based on house price inflation of 41.7%, between June 2016 and February 2025, 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 41.7% inflationary increase is applied to the most recent sale price for PEAR TREE COTTAGE of £405,000 on 8th June 2016. For the value to have increased from £405,000 to £574,086 over the nine years and four months to February 2025, the following assumptions must hold true:

• The value of PEAR TREE COTTAGE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The June 2016 sale price of £405,000 represented a fair market value for the property.
• The size, condition, and specification of PEAR TREE COTTAGE has not materially changed since June 2016.

How Large is PEAR TREE COTTAGE?

PEAR TREE COTTAGE is 164m², which includes one extension, according to the EPC inspection conducted in December 2015. This puts it in the largest 40% of detached houses houses in Knapton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Knapton, and where PEAR TREE COTTAGE lies on this distribution: 70% of detached houses houses are smaller than PEAR TREE COTTAGE, and 30% of houses are larger. Note that EPC data is not available for all properties in Knapton.

PEAR TREE COTTAGE: Plot and Title Map

PEAR TREE COTTAGE sits on a plot of roughly 0.557 of an acre, or 2,255m². The below map shows the location of PEAR TREE 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 PEAR TREE 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 PEAR TREE COTTAGE?

PEAR TREE COTTAGE is located on THE STREET in KNAPTON, in the NR28 postcode district. The below map shows the position of PEAR TREE COTTAGE on THE STREET.