POND COTTAGE, LONG FOUR ACRES AVENUE, BRACON ASH, NORWICH, NR14 8SY - £510,000

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

POND COTTAGE is a small extended detached house of 100m², built sometime before 1900. It was last sold for £510,000 in May 2023, which was around 23% above the average May 2023 detached price in the South Norfolk local authority area. The most recent EPC inspection was October 2022, where the current energy rating was F, and the potential energy rating was C.

POND COTTAGE Sold Prices

Land registry data shows two sales for POND 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. One of the two POND COTTAGE sales was for above the average price, whilst the other was 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
2023 26 MAY	£510,000	£414,367	23% above HPI
2021 18 FEB	£230,000	£361,883	36% below HPI

POND 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 POND COTTAGE sales from February 2021 and May 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 2021 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the May 2023 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is POND COTTAGE?

POND COTTAGE is 100m², which includes two extensions, according to the EPC inspection conducted in October 2022. This puts it in the smallest 30% of detached houses in Mulbarton, based on EPC data. The below chart shows the distribution of detached houses by size in Mulbarton, and where POND COTTAGE lies on this distribution: 30% of detached houses are smaller than POND COTTAGE, and 70% of houses are larger. Note that EPC data is not available for all properties in Mulbarton.

POND COTTAGE: Plot and Title Map

POND COTTAGE sits on a plot of roughly 0.154 of an acre, or 625m². The below map shows the location of POND 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 POND 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 POND COTTAGE?

POND COTTAGE is located on LONG FOUR ACRES AVENUE in BRACON ASH, in the NR14 postcode district. The below map shows the position of POND COTTAGE on LONG FOUR ACRES AVENUE.