THE COTTAGE, WATTON ROAD, GREAT HOCKHAM, THETFORD, IP24 1PB - £241,000

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.

THE COTTAGE is a midsized detached house of 132m², built sometime before 1900, which could now be worth an estimated £433,740. It was last sold for £241,000 in January 2012, which was around 17% above the average January 2012 detached price in the Breckland local authority area. The most recent EPC inspection was October 2010, where the current energy rating was E, and the potential energy rating was E.

THE COTTAGE Sold Prices

Land registry data shows three sales for THE 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 Breckland local authority area for the corresponding sale date. The three THE COTTAGE sales were a mix of above the average price, and roughly equal to 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
2012 25 JAN	£241,000	£205,823	17% above HPI
2005 31 MAY	£234,000	£198,806	18% above HPI
2001 29 JUN	£114,000	£113,543	Close to HPI

THE COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Breckland local authority area over time, sourced from the HPI. The three THE COTTAGE sales between June 2001 and January 2012 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 May 2005 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the January 2012 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might THE COTTAGE be worth now?

THE COTTAGE might now be worth an estimated £433,740.

This is based on house price inflation of 80%, between January 2012 and February 2025, for detached houses, in the Breckland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 80% inflationary increase is applied to the most recent sale price for THE COTTAGE of £241,000 on 25th January 2012. For the value to have increased from £241,000 to £433,740 over the twelve years and eleven months to February 2025, the following assumptions must hold true:

• The value of THE COTTAGE has moved in line with the HPI for detached houses in the Breckland local authority area.
• The January 2012 sale price of £241,000 represented a fair market value for the property.
• The size, condition, and specification of THE COTTAGE has not materially changed since January 2012.

How Large is THE COTTAGE?

THE COTTAGE is 132m² according to the EPC inspection conducted in October 2010. This puts it in the largest 50% of detached houses houses in Great Hockham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Great Hockham, and where THE COTTAGE lies on this distribution: 58% of detached houses houses are smaller than THE COTTAGE, and 42% of houses are larger. Note that EPC data is not available for all properties in Great Hockham.

THE COTTAGE: Plot and Title Map

THE COTTAGE sits on a plot of roughly 0.089 of an acre, or 362m². The below map shows the location of THE 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 THE 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 THE COTTAGE?

THE COTTAGE is located on WATTON ROAD in GREAT HOCKHAM, in the IP24 postcode district. The below map shows the position of THE COTTAGE on WATTON ROAD.