WATERSIDE COTTAGE, HILL COMMON, HICKLING, NORWICH, NR12 0BT - £500,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

WATERSIDE COTTAGE is a very large extended detached house of 236m², built sometime before 1900, which could now be worth an estimated £925,337. It was last sold for £500,000 in January 2009, which was around 120% above the average January 2009 detached price in the North Norfolk local authority area. The most recent EPC inspection was August 2024, where the current energy rating was E, and the potential energy rating was B.

WATERSIDE COTTAGE Sold Prices

Land registry data shows two sales for WATERSIDE 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 North Norfolk local authority area for the corresponding sale date. Both of the two WATERSIDE 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
2009 30 JAN	£500,000	£227,422	120% above HPI
1996 25 NOV	£240,000	£72,523	231% above HPI

WATERSIDE 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 two WATERSIDE COTTAGE sales from November 1996 and January 2009 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 1996 sale was for 231% above the HPI. So the extrapolation line tracks at 231% above the HPI over time, until the January 2009 sale, where it falls to 120% above the HPI. The line then continues to track at 120% above the HPI.

What might WATERSIDE COTTAGE be worth now?

WATERSIDE COTTAGE might now be worth an estimated £925,337.

This is based on house price inflation of 85.1%, between January 2009 and December 2024, for detached houses, in the North Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 85.1% inflationary increase is applied to the most recent sale price for WATERSIDE COTTAGE of £500,000 on 30th January 2009. For the value to have increased from £500,000 to £925,337 over the fourteen years and one month to December 2024, the following assumptions must hold true:

• The value of WATERSIDE COTTAGE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The January 2009 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of WATERSIDE COTTAGE has not materially changed since January 2009.

How Large is WATERSIDE COTTAGE?

WATERSIDE COTTAGE is 236m², which includes two extensions, according to the EPC inspection conducted in August 2024. This puts it in the largest 10% of detached houses houses in Hickling, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hickling, and where WATERSIDE COTTAGE lies on this distribution: 92% of detached houses houses are smaller than WATERSIDE COTTAGE, and 8% of houses are larger. Note that EPC data is not available for all properties in Hickling.

WATERSIDE COTTAGE: Plot and Title Map

WATERSIDE COTTAGE sits on a plot of roughly 0.765 of an acre, or 3,096m². The below map shows the location of WATERSIDE 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 WATERSIDE 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 WATERSIDE COTTAGE?

WATERSIDE COTTAGE is located on HILL COMMON in HICKLING, in the NR12 postcode district. The below map shows the position of WATERSIDE COTTAGE on HILL COMMON.