VINE COTTAGE, THE STREET, FOXLEY, DEREHAM, NR20 4QP - £325,000

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.

VINE COTTAGE is a very small extended detached house of 97m², built sometime before 1900, which could now be worth an estimated £401,644. It was last sold for £325,000 in January 2019, which was around 8% above the average January 2019 detached price in the Breckland local authority area. The most recent EPC inspection was April 2018, where the current energy rating was F, and the potential energy rating was D.

VINE COTTAGE Sold Prices

Land registry data shows two sales for VINE 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 Breckland local authority area for the corresponding sale date. Both of the two VINE 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
2019 11 JAN	£325,000	£301,610	8% above HPI
2006 8 AUG	£250,000	£213,981	17% above HPI

VINE 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 two VINE COTTAGE sales from August 2006 and January 2019 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 August 2006 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the January 2019 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might VINE COTTAGE be worth now?

VINE COTTAGE might now be worth an estimated £401,644.

This is based on house price inflation of 23.6%, between January 2019 and March 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 23.6% inflationary increase is applied to the most recent sale price for VINE COTTAGE of £325,000 on 11th January 2019. For the value to have increased from £325,000 to £401,644 over the five years and ten months to March 2025, the following assumptions must hold true:

• The value of VINE COTTAGE has moved in line with the HPI for detached houses in the Breckland local authority area.
• The January 2019 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of VINE COTTAGE has not materially changed since January 2019.

How Large is VINE COTTAGE?

VINE COTTAGE is 97m², which includes one extension, according to the EPC inspection conducted in April 2018. This puts it in the smallest 10% of detached houses houses in Foxley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Foxley, and where VINE COTTAGE lies on this distribution: 5% of detached houses houses are smaller than VINE COTTAGE, and 95% of houses are larger. Note that EPC data is not available for all properties in Foxley.

VINE COTTAGE: Plot and Title Map

VINE COTTAGE sits on a plot of roughly 0.171 of an acre, or 693m². The below map shows the location of VINE 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 VINE 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 VINE COTTAGE?

VINE COTTAGE is located on THE STREET in FOXLEY, in the NR20 postcode district. The below map shows the position of VINE COTTAGE on THE STREET.