TWIN COTTAGE, CHAPEL LANE, WYMONDHAM, NR18 0DN - £230,000

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

TWIN COTTAGE is a very small extended detached house of 69m², built sometime before 1900. It was last sold for £230,000 in September 2017, which was around 30% below the average September 2017 detached price in the South Norfolk local authority area. The most recent EPC inspection was February 2009, where the current energy rating was F, and the potential energy rating was F.

TWIN COTTAGE Sold Prices

Land registry data shows two sales for TWIN 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 South Norfolk local authority area for the corresponding sale date. Both of the two TWIN 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
2017 25 SEP	£230,000	£326,716	30% below HPI
2009 12 JUN	£135,250	£212,407	36% below HPI

TWIN 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 two TWIN COTTAGE sales from June 2009 and September 2017 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 June 2009 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the September 2017 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is TWIN COTTAGE?

TWIN COTTAGE is 69m², which includes one extension, according to the EPC inspection conducted in February 2009. This puts it in the smallest 10% of detached houses in Wymondham, based on EPC data. The below chart shows the distribution of detached houses by size in Wymondham, and where TWIN COTTAGE lies on this distribution: 7% of detached houses are smaller than TWIN COTTAGE, and 93% of houses are larger. Note that EPC data is not available for all properties in Wymondham.

TWIN COTTAGE: Plot and Title Map

TWIN COTTAGE sits on a plot of roughly 0.179 of an acre, or 723m². The below map shows the location of TWIN 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 TWIN 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 TWIN COTTAGE?

TWIN COTTAGE is located on CHAPEL LANE in WYMONDHAM, in the NR18 postcode district. The below map shows the position of TWIN COTTAGE on CHAPEL LANE.