SPEEDWELL COTTAGE, BACK STREET, TRUNCH, NORTH WALSHAM, NR28 0PZ - £345,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

SPEEDWELL COTTAGE is a small detached house of 75m², built sometime before 1900, which could now be worth an estimated £338,992. It was last sold for £345,000 in November 2023, which was around 21% below the average November 2023 detached price in the North Norfolk local authority area. The most recent EPC inspection was May 2023, where the current energy rating was D, and the potential energy rating was B.

SPEEDWELL COTTAGE Sold Prices

Land registry data shows three sales for SPEEDWELL 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 SPEEDWELL 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
2023 22 NOV	£345,000	£438,453	21% below HPI
2010 13 AUG	£215,000	£248,939	14% below HPI
2005 22 JUL	£185,000	£229,743	19% below HPI

SPEEDWELL 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 SPEEDWELL COTTAGE sales between July 2005 and November 2023 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 2010 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the November 2023 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might SPEEDWELL COTTAGE be worth now?

SPEEDWELL COTTAGE might now be worth an estimated £338,992.

This is based on house price deflation of 1.7%, between November 2023 and February 2025, for detached houses, in the North Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.7% deflationary decrease is applied to the most recent sale price for SPEEDWELL COTTAGE of £345,000 on 22nd November 2023. For the value to have decreased from £345,000 to £338,992 over the two years and nine months to February 2025, the following assumptions must hold true:

• The value of SPEEDWELL COTTAGE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The November 2023 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of SPEEDWELL COTTAGE has not materially changed since November 2023.

How Large is SPEEDWELL COTTAGE?

SPEEDWELL COTTAGE is 75m² according to the EPC inspection conducted in May 2023. This puts it in the smallest 30% of detached houses houses in Trunch, based on EPC data. The below chart shows the distribution of detached houses houses by size in Trunch, and where SPEEDWELL COTTAGE lies on this distribution: 27% of detached houses houses are smaller than SPEEDWELL COTTAGE, and 72% of houses are larger. Note that EPC data is not available for all properties in Trunch.

SPEEDWELL COTTAGE: Plot and Title Map

SPEEDWELL COTTAGE sits on a plot of roughly 0.061 of an acre, or 245m². The below map shows the location of SPEEDWELL 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 SPEEDWELL 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 SPEEDWELL COTTAGE?

SPEEDWELL COTTAGE is located on BACK STREET in TRUNCH, in the NR28 postcode district. The below map shows the position of SPEEDWELL COTTAGE on BACK STREET.