WAVENEY COTTAGE, THE STREET, EARSHAM, BUNGAY, NR35 2TY - £288,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

WAVENEY COTTAGE is a very large detached house of 148m², built sometime between 1996 and 2002. It was last sold for £288,000 in November 2018, which was around 16% below the average November 2018 detached price in the South Norfolk local authority area. The most recent EPC inspection was February 2009, where the current energy rating was E, and the potential energy rating was D.

WAVENEY COTTAGE Sold Prices

Land registry data shows three sales for WAVENEY COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. Two of the three WAVENEY COTTAGE sales were for below the average price, whilst one was 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
2018 2 NOV	£288,000	£341,225	16% below HPI
2010 1 MAR	£230,000	£224,905	2% above HPI
2006 21 JUL	£212,500	£235,879	10% below HPI

WAVENEY 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 three WAVENEY COTTAGE sales between July 2006 and November 2018 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 March 2010 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the November 2018 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is WAVENEY COTTAGE?

WAVENEY COTTAGE is 148m² according to the EPC inspection conducted in February 2009. This puts it in the largest 20% of detached houses in Earsham, based on EPC data. The below chart shows the distribution of detached houses by size in Earsham, and where WAVENEY COTTAGE lies on this distribution: 83% of detached houses are smaller than WAVENEY COTTAGE, and 17% of houses are larger. Note that EPC data is not available for all properties in Earsham.

WAVENEY COTTAGE: Plot and Title Map

WAVENEY COTTAGE sits on a plot of roughly 0.091 of an acre, or 368m². The below map shows the location of WAVENEY 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 WAVENEY 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 WAVENEY COTTAGE?

WAVENEY COTTAGE is located on THE STREET in EARSHAM, in the NR35 postcode district. The below map shows the position of WAVENEY COTTAGE on THE STREET.