WHEEL COTTAGE, WHEEL ROAD, ALPINGTON, NORWICH, NR14 7NL - £200,000

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

WHEEL COTTAGE is a very large extended detached house of 152m², built sometime before 1900. It was last sold for £200,000 in June 2003, which was around 7% above the average June 2003 detached price in the South Norfolk local authority area. The most recent EPC inspection was October 2013, where the current energy rating was E, and the potential energy rating was C.

WHEEL COTTAGE Sold Prices

Land registry data shows three sales for WHEEL 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. All of the three WHEEL 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
2003 23 JUN	£200,000	£186,487	7% above HPI
1998 15 SEP	£129,000	£87,513	47% above HPI
1995 23 MAR	£76,500	£73,389	4% above HPI

WHEEL 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 WHEEL COTTAGE sales between March 1995 and June 2003 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 September 1998 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the June 2003 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is WHEEL COTTAGE?

WHEEL COTTAGE is 152m², which includes two extensions, according to the EPC inspection conducted in October 2013. This puts it in the largest 20% of detached houses in Alpington, based on EPC data. The below chart shows the distribution of detached houses by size in Alpington, and where WHEEL COTTAGE lies on this distribution: 84% of detached houses are smaller than WHEEL COTTAGE, and 16% of houses are larger. Note that EPC data is not available for all properties in Alpington.

WHEEL COTTAGE: Plot and Title Map

WHEEL COTTAGE sits on a plot of roughly 0.177 of an acre, or 717m². The below map shows the location of WHEEL 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 WHEEL 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 WHEEL COTTAGE?

WHEEL COTTAGE is located on WHEEL ROAD in ALPINGTON, in the NR14 postcode district. The below map shows the position of WHEEL COTTAGE on WHEEL ROAD.