SCHOOL COTTAGE, POND LANE, SURLINGHAM, NORWICH, NR14 7DA - £246,000

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

SCHOOL COTTAGE is a very small extended detached house of 95m², built sometime before 1900. It was last sold for £246,000 in December 2016, which was around 22% below the average December 2016 detached price in the South 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.

SCHOOL COTTAGE Sold Prices

Land registry data shows three sales for SCHOOL 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 South Norfolk local authority area for the corresponding sale date. All of the three SCHOOL 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
2016 8 DEC	£246,000	£314,871	22% below HPI
2013 22 MAR	£185,000	£240,686	23% below HPI
2001 11 MAY	£104,000	£127,450	18% below HPI

SCHOOL 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 three SCHOOL COTTAGE sales between May 2001 and December 2016 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 March 2013 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the December 2016 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is SCHOOL COTTAGE?

SCHOOL COTTAGE is 95m², which includes three extensions, according to the EPC inspection conducted in June 2014. This puts it in the smallest 20% of detached houses in Surlingham, based on EPC data. The below chart shows the distribution of detached houses by size in Surlingham, and where SCHOOL COTTAGE lies on this distribution: 14% of detached houses are smaller than SCHOOL COTTAGE, and 85% of houses are larger. Note that EPC data is not available for all properties in Surlingham.

SCHOOL COTTAGE: Plot and Title Map

SCHOOL COTTAGE sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of SCHOOL 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 SCHOOL 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 SCHOOL COTTAGE?

SCHOOL COTTAGE is located on POND LANE in SURLINGHAM, in the NR14 postcode district. The below map shows the position of SCHOOL COTTAGE on POND LANE.