ROSE COTTAGE, THORPE MARKET, NORWICH, NR11 8TN - £290,000

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 small extended detached house of 88m², built sometime before 1900. It was last sold for £290,000 in October 2020, which was around 25% below the average October 2020 detached price in the North Norfolk local authority area. The most recent EPC inspection was January 2019, where the current energy rating was E, and the potential energy rating was C.

ROSE COTTAGE Sold Prices

Land registry data shows five sales for ROSE COTTAGE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. Most of the five 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
2020 13 OCT	£290,000	£386,180	25% below HPI
2009 7 AUG	£211,000	£223,716	6% below HPI
2001 20 JUL	£132,000	£123,544	7% above HPI
1998 18 SEP	£69,950	£83,790	17% below HPI
1996 6 DEC	£54,000	£70,391	23% 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 five ROSE COTTAGE sales between December 1996 and October 2020 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 August 2009 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the October 2020 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is ROSE COTTAGE?

ROSE COTTAGE is 88m², which includes two extensions, according to the EPC inspection conducted in January 2019. This puts it in the smallest 20% 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 ROSE COTTAGE lies on this distribution: 14% of detached houses are smaller than ROSE COTTAGE, and 81% of houses are larger. Note that EPC data is not available for all properties in Thorpe Market.

ROSE COTTAGE: Plot and Title Map

ROSE COTTAGE sits on a plot of roughly 0.135 of an acre, or 546m². 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 in THORPE MARKET, in the NR11 postcode district. The below map shows the position of ROSE COTTAGE in THORPE MARKET.