VANE COTTAGE, THE STREET, WEYBOURNE, HOLT, NR25 7SY - £350,000

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

VANE COTTAGE is a very small extended semi-detached house of 72m², built sometime before 1900. It was last sold for £350,000 in June 2024, which was around 15% below the average June 2024 detached price in the North Norfolk local authority area. The most recent EPC inspection was March 2024, where the current energy rating was G, and the potential energy rating was B.

VANE COTTAGE Sold Prices

Land registry data shows four sales for VANE COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. All of the four VANE 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
2024 21 JUN	£350,000	£413,706	15% below HPI
2011 3 MAY	£182,000	£239,083	24% below HPI
2007 12 OCT	£170,000	£259,868	35% below HPI
1999 26 MAY	£49,000	£83,821	42% below HPI

VANE 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 four VANE COTTAGE sales between May 1999 and June 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 May 2011 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the June 2024 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is VANE COTTAGE?

VANE COTTAGE is 72m², which includes one extension, according to the EPC inspection conducted in March 2024. This puts it in the smallest 20% of detached houses in Weybourne, based on EPC data. The below chart shows the distribution of detached houses by size in Weybourne, and where VANE COTTAGE lies on this distribution: 12% of detached houses are smaller than VANE COTTAGE, and 87% of houses are larger. Note that EPC data is not available for all properties in Weybourne.

VANE COTTAGE: Plot and Title Map

VANE COTTAGE sits on a plot of roughly 0.017 of an acre, or 71m². The below map shows the location of VANE 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 VANE 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 VANE COTTAGE?

VANE COTTAGE is located on THE STREET in WEYBOURNE, in the NR25 postcode district. The below map shows the position of VANE COTTAGE on THE STREET.