PITT COTTAGE, CROMER ROAD, THORPE MARKET, NORWICH, NR11 8TU - £250,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

PITT COTTAGE is a midsized extended semi-detached house of 131m², built sometime before 1900. It was last sold for £250,000 in October 2012, which was around 3% above the average October 2012 detached price in the North Norfolk local authority area. The most recent EPC inspection was March 2011, where the current energy rating was E, and the potential energy rating was E.

PITT COTTAGE Sold Prices

Land registry data shows four sales for PITT 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 North Norfolk local authority area for the corresponding sale date. Most of the four PITT 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
2012 26 OCT	£250,000	£243,526	3% above HPI
2008 25 APR	£217,500	£244,781	11% below HPI
2004 16 JAN	£205,000	£194,693	5% above HPI
1999 14 MAY	£95,000	£83,821	13% above HPI

PITT 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 four PITT COTTAGE sales between May 1999 and October 2012 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 2008 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the October 2012 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is PITT COTTAGE?

PITT COTTAGE is 131m², which includes one extension, according to the EPC inspection conducted in March 2011. This puts it in the largest 50% of detached houses in Thorpe Market, based on EPC data. The below chart shows the distribution of detached houses by size in Thorpe Market, and where PITT COTTAGE lies on this distribution: 57% of detached houses are smaller than PITT COTTAGE, and 43% of houses are larger. Note that EPC data is not available for all properties in Thorpe Market.

PITT COTTAGE: Plot and Title Map

PITT COTTAGE sits on a plot of roughly 0.163 of an acre, or 660m². The below map shows the location of PITT 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 PITT 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 PITT COTTAGE?

PITT COTTAGE is located on CROMER ROAD in THORPE MARKET, in the NR11 postcode district. The below map shows the position of PITT COTTAGE on CROMER ROAD.