ROSE COTTAGE, GRANGE CLOSE, HOVETON, NORWICH, NR12 8EB - £215,000

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

ROSE COTTAGE is a very large detached house of 156m², built sometime between 1930 and 1949. It was last sold for £215,000 in April 2017, which was around 32% below the average April 2017 detached price in the North Norfolk local authority area. The most recent EPC inspection was June 2014, where the current energy rating was E, and the potential energy rating was C.

ROSE COTTAGE Sold Prices

Land registry data shows three sales for ROSE 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 ROSE 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
2017 28 APR	£215,000	£316,870	32% below HPI
2006 24 MAY	£185,000	£227,606	19% below HPI
2005 1 AUG	£135,000	£227,200	41% below HPI

ROSE 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 ROSE COTTAGE sales between August 2005 and April 2017 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 May 2006 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the April 2017 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is ROSE COTTAGE?

ROSE COTTAGE is 156m² according to the EPC inspection conducted in June 2014. This puts it in the largest 20% of detached houses in Hoveton, based on EPC data. The below chart shows the distribution of detached houses by size in Hoveton, and where ROSE COTTAGE lies on this distribution: 84% of detached houses are smaller than ROSE COTTAGE, and 15% of houses are larger. Note that EPC data is not available for all properties in Hoveton.

ROSE COTTAGE: Plot and Title Map

ROSE COTTAGE sits on a plot of roughly 0.195 of an acre, or 789m². The below map shows the location of ROSE 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 ROSE 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 ROSE COTTAGE?

ROSE COTTAGE is located on GRANGE CLOSE in HOVETON, in the NR12 postcode district. The below map shows the position of ROSE COTTAGE on GRANGE CLOSE.