WILLOW CABIN, BRIMBELOW ROAD, HOVETON, NORWICH, NR12 8UJ - £280,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

WILLOW CABIN is a very small extended detached house of 56m², built sometime between 1900 and 1929. It was last sold for £280,000 in March 2017, which was around 12% below the average March 2017 detached price in the North Norfolk local authority area. The most recent EPC inspection was December 2011, where the current energy rating was E, and the potential energy rating was D.

WILLOW CABIN Sold Prices

Land registry data shows two sales for WILLOW CABIN 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 WILLOW CABIN sales were for below 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
2017 30 MAR	£280,000	£316,743	12% below HPI
2004 21 JUN	£170,000	£200,798	15% below HPI

WILLOW CABIN 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 WILLOW CABIN sales from June 2004 and March 2017 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 2004 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the March 2017 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is WILLOW CABIN?

WILLOW CABIN is 56m², which includes one extension, according to the EPC inspection conducted in December 2011. This puts it in the smallest 10% of detached houses in Hoveton, based on EPC data. The below chart shows the distribution of detached houses by size in Hoveton, and where WILLOW CABIN lies on this distribution: 1% of detached houses are smaller than WILLOW CABIN, and 99% of houses are larger. Note that EPC data is not available for all properties in Hoveton.

WILLOW CABIN: Plot and Title Map

WILLOW CABIN sits on a plot of roughly 0.096 of an acre, or 387m². The below map shows the location of WILLOW CABIN, 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 WILLOW CABIN). 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 WILLOW CABIN?

WILLOW CABIN is located on BRIMBELOW ROAD in HOVETON, in the NR12 postcode district. The below map shows the position of WILLOW CABIN on BRIMBELOW ROAD.