WILLOW COTTAGE, THE STREET, ERPINGHAM, NORWICH, NR11 7QB - £478,000

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 COTTAGE is a very large extended detached house of 174m², built sometime before 1900. It was last sold for £478,000 in August 2017, which was around 47% above the average August 2017 detached price in the North Norfolk local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was C.

WILLOW COTTAGE Sold Prices

Land registry data shows five sales for WILLOW COTTAGE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. Most of the five WILLOW 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
2017 17 AUG	£478,000	£326,061	47% above HPI
2014 15 APR	£290,000	£257,461	13% above HPI
2003 12 DEC	£225,000	£192,124	17% above HPI
1999 19 JUL	£120,000	£84,762	42% above HPI
1997 27 JUN	£66,500	£74,504	11% below HPI

WILLOW 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 five WILLOW COTTAGE sales between June 1997 and August 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 April 2014 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the August 2017 sale, where it rises to 47% above the HPI. The line then continues to track at 47% above the HPI.

How Large is WILLOW COTTAGE?

WILLOW COTTAGE is 174m², which includes one extension, according to the EPC inspection conducted in May 2017. This puts it in the largest 20% of detached houses in Erpingham, based on EPC data. The below chart shows the distribution of detached houses by size in Erpingham, and where WILLOW COTTAGE lies on this distribution: 86% of detached houses are smaller than WILLOW COTTAGE, and 14% of houses are larger. Note that EPC data is not available for all properties in Erpingham.

WILLOW COTTAGE: Plot and Title Map

WILLOW COTTAGE sits on a plot of roughly 0.299 of an acre, or 1,211m². The below map shows the location of WILLOW 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 WILLOW 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 WILLOW COTTAGE?

WILLOW COTTAGE is located on THE STREET in ERPINGHAM, in the NR11 postcode district. The below map shows the position of WILLOW COTTAGE on THE STREET.