STAR COTTAGE, RECTORY LANE, BUNWELL, NORWICH, NR16 1QU - £237,000

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

STAR COTTAGE is a very small extended detached house of 77m², built sometime between 1996 and 2002. It was last sold for £237,000 in December 2020, which was around 35% below the average December 2020 detached price in the South Norfolk local authority area. The most recent EPC inspection was November 2019, where the current energy rating was D, and the potential energy rating was A.

STAR COTTAGE Sold Prices

Land registry data shows three sales for STAR 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 STAR 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 18 DEC	£237,000	£363,511	35% below HPI
2010 1 NOV	£168,500	£237,320	29% below HPI
2005 30 SEP	£165,000	£228,438	28% below HPI

STAR 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 STAR COTTAGE sales between September 2005 and December 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 November 2010 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the December 2020 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is STAR COTTAGE?

STAR COTTAGE is 77m², which includes one extension, according to the EPC inspection conducted in November 2019. This puts it in the smallest 10% of detached houses in Bunwell, based on EPC data. The below chart shows the distribution of detached houses by size in Bunwell, and where STAR COTTAGE lies on this distribution: 4% of detached houses are smaller than STAR COTTAGE, and 96% of houses are larger. Note that EPC data is not available for all properties in Bunwell.

STAR COTTAGE: Plot and Title Map

STAR COTTAGE sits on a plot of roughly 0.045 of an acre, or 181m². The below map shows the location of STAR 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 STAR 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 STAR COTTAGE?

STAR COTTAGE is located on RECTORY LANE in BUNWELL, in the NR16 postcode district. The below map shows the position of STAR COTTAGE on RECTORY LANE.