QUORN COTTAGE, UNION DRIFT, DEREHAM, NR20 3AZ - £175,000

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

QUORN COTTAGE is a very small extended detached house of 62m², built sometime between 1930 and 1949. It was last sold for £175,000 in July 2018, which was around 41% below the average July 2018 detached price in the Breckland local authority area. The most recent EPC inspection was October 2017, where the current energy rating was E, and the potential energy rating was B.

QUORN COTTAGE Sold Prices

Land registry data shows two sales for QUORN 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 Breckland local authority area for the corresponding sale date. Both of the two QUORN COTTAGE sales were 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
2018 24 JUL	£175,000	£295,487	41% below HPI
2002 16 JUL	£91,000	£136,771	33% below HPI

QUORN COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Breckland local authority area over time, sourced from the HPI. The two QUORN COTTAGE sales from July 2002 and July 2018 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 July 2002 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the July 2018 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is QUORN COTTAGE?

QUORN COTTAGE is 62m², which includes one extension, according to the EPC inspection conducted in October 2017. This puts it in the smallest 10% of detached houses in Dereham, based on EPC data. The below chart shows the distribution of detached houses by size in Dereham, and where QUORN COTTAGE lies on this distribution: 3% of detached houses are smaller than QUORN COTTAGE, and 97% of houses are larger. Note that EPC data is not available for all properties in Dereham.

QUORN COTTAGE: Plot and Title Map

QUORN COTTAGE sits on a plot of roughly 0.079 of an acre, or 321m². The below map shows the location of QUORN 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 QUORN 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 QUORN COTTAGE?

QUORN COTTAGE is located on UNION DRIFT in DEREHAM, in the NR20 postcode district. The below map shows the position of QUORN COTTAGE on UNION DRIFT.