WHERRY COTTAGE, PITS LANE, CHEDGRAVE, NORWICH, NR14 6NQ - £365,000

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

WHERRY COTTAGE is a large detached house of 115m², built sometime between 2003 and 2006. It was last sold for £365,000 in February 2016, which was around 25% above the average February 2016 detached price in the South Norfolk local authority area. The most recent EPC inspection was April 2009, where the current energy rating was C, and the potential energy rating was C.

WHERRY COTTAGE Sold Prices

Land registry data shows three sales for WHERRY 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 WHERRY 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
2016 26 FEB	£365,000	£293,125	25% above HPI
2009 26 JUN	£320,000	£212,407	51% above HPI
2006 3 FEB	£312,500	£219,424	42% above HPI

WHERRY 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 WHERRY COTTAGE sales between February 2006 and February 2016 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 June 2009 sale was for 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the February 2016 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is WHERRY COTTAGE?

WHERRY COTTAGE is 115m² according to the EPC inspection conducted in April 2009. This puts it in the largest 40% of detached houses in Chedgrave, based on EPC data. The below chart shows the distribution of detached houses by size in Chedgrave, and where WHERRY COTTAGE lies on this distribution: 66% of detached houses are smaller than WHERRY COTTAGE, and 34% of houses are larger. Note that EPC data is not available for all properties in Chedgrave.

WHERRY COTTAGE: Plot and Title Map

WHERRY COTTAGE sits on a plot of roughly 0.219 of an acre, or 888m². The below map shows the location of WHERRY 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 WHERRY 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 WHERRY COTTAGE?

WHERRY COTTAGE is located on PITS LANE in CHEDGRAVE, in the NR14 postcode district. The below map shows the position of WHERRY COTTAGE on PITS LANE.