SHIRE COTTAGE, YARMOUTH ROAD, HALES, NORWICH, NR14 6SP - £223,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

SHIRE COTTAGE is a very small extended semi-detached house of 42m², built sometime before 1900. It was last sold for £223,000 in November 2022, which was around 48% below the average November 2022 detached price in the South 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 A.

SHIRE COTTAGE Sold Prices

Land registry data shows two sales for SHIRE 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. Both of the two SHIRE 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
2022 25 NOV	£223,000	£424,908	48% below HPI
1997 3 OCT	£43,000	£80,395	47% below HPI

SHIRE 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 SHIRE COTTAGE sales from October 1997 and November 2022 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 October 1997 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the November 2022 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is SHIRE COTTAGE?

SHIRE COTTAGE is 42m², which includes one extension, according to the EPC inspection conducted in January 2019. This puts it in the smallest 10% of detached houses in Hales, based on EPC data. The below chart shows the distribution of detached houses by size in Hales, and where SHIRE COTTAGE lies on this distribution: Less than 1% of detached houses are smaller than SHIRE COTTAGE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Hales.

SHIRE COTTAGE: Plot and Title Map

SHIRE COTTAGE sits on a plot of roughly 0.090 of an acre, or 363m². The below map shows the location of SHIRE 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 SHIRE 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 SHIRE COTTAGE?

SHIRE COTTAGE is located on YARMOUTH ROAD in HALES, in the NR14 postcode district. The below map shows the position of SHIRE COTTAGE on YARMOUTH ROAD.