SPRING COTTAGE, THE GREEN, ALDBOROUGH, NORWICH, NR11 7AA - £247,500

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

SPRING COTTAGE is a very small detached house of 68m², built sometime between 2003 and 2006. It was last sold for £247,500 in November 2011, which was around 4% above the average November 2011 detached price in the North Norfolk local authority area. The most recent EPC inspection was May 2010, where the current energy rating was C, and the potential energy rating was C.

SPRING COTTAGE Sold Prices

Land registry data shows two sales for SPRING 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 North Norfolk local authority area for the corresponding sale date. Both of the two SPRING COTTAGE sales were for above 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
2011 10 NOV	£247,500	£239,111	4% above HPI
2002 8 FEB	£189,950	£137,218	38% above HPI

SPRING 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 two SPRING COTTAGE sales from February 2002 and November 2011 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 February 2002 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the November 2011 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is SPRING COTTAGE?

SPRING COTTAGE is 68m² according to the EPC inspection conducted in May 2010. This puts it in the smallest 10% of detached houses in Aldborough, based on EPC data. The below chart shows the distribution of detached houses by size in Aldborough, and where SPRING COTTAGE lies on this distribution: 10% of detached houses are smaller than SPRING COTTAGE, and 90% of houses are larger. Note that EPC data is not available for all properties in Aldborough.

SPRING COTTAGE: Plot and Title Map

SPRING COTTAGE sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of SPRING 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 SPRING 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 SPRING COTTAGE?

SPRING COTTAGE is located on THE GREEN in ALDBOROUGH, in the NR11 postcode district. The below map shows the position of SPRING COTTAGE on THE GREEN.