THE OLD COTTAGE, COAST ROAD, WALCOTT, NORWICH, NR12 0ND - £475,000

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

THE OLD COTTAGE is a large extended detached house of 101m², built sometime before 1900. It was last sold for £475,000 in March 2024, which was around 11% above the average March 2024 detached price in the North Norfolk local authority area. The most recent EPC inspection was July 2022, where the current energy rating was E, and the potential energy rating was C.

THE OLD COTTAGE Sold Prices

Land registry data shows five sales for THE OLD COTTAGE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. Most of the five THE OLD 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
2024 1 MAR	£475,000	£429,009	11% above HPI
2022 1 NOV	£455,000	£432,068	5% above HPI
2017 30 OCT	£365,000	£335,936	9% above HPI
2012 21 SEP	£315,000	£231,019	36% above HPI
2001 24 AUG	£97,500	£125,421	22% below HPI

THE OLD 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 five THE OLD COTTAGE sales between August 2001 and March 2024 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 2022 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the March 2024 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is THE OLD COTTAGE?

THE OLD COTTAGE is 101m², which includes one extension, according to the EPC inspection conducted in July 2022. This puts it in the largest 30% of detached houses in Walcott, based on EPC data. The below chart shows the distribution of detached houses by size in Walcott, and where THE OLD COTTAGE lies on this distribution: 76% of detached houses are smaller than THE OLD COTTAGE, and 23% of houses are larger. Note that EPC data is not available for all properties in Walcott.

THE OLD COTTAGE: Plot and Title Map

THE OLD COTTAGE sits on a plot of roughly 0.112 of an acre, or 451m². The below map shows the location of THE OLD 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 OLD 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 OLD COTTAGE?

THE OLD COTTAGE is located on COAST ROAD in WALCOTT, in the NR12 postcode district. The below map shows the position of THE OLD COTTAGE on COAST ROAD.