1, MILL COTTAGES, HELLESDON MILL LANE, NORWICH, NR6 5AZ - £216,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 MILL COTTAGES is a very small extended terraced house of 64m², built sometime before 1900, which could now be worth an estimated £315,858. It was last sold for £216,500 in November 2014, which was around 28% above the average November 2014 terraced price in the Norwich local authority area. The most recent EPC inspection was November 2008, where the current energy rating was E, and the potential energy rating was D.

1 MILL COTTAGES Sold Prices

Land registry data shows two sales for 1 MILL COTTAGES since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Norwich local authority area for the corresponding sale date. Both of the two 1 MILL COTTAGES 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
2014 6 NOV	£216,500	£168,994	28% above HPI
2005 5 DEC	£225,000	£129,272	74% above HPI

1 MILL COTTAGES Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Norwich local authority area over time, sourced from the HPI. The two 1 MILL COTTAGES sales from December 2005 and November 2014 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 December 2005 sale was for 74% above the HPI. So the extrapolation line tracks at 74% above the HPI over time, until the November 2014 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might 1 MILL COTTAGES be worth now?

1 MILL COTTAGES might now be worth an estimated £315,858.

This is based on house price inflation of 45.9%, between November 2014 and October 2025, for terraced houses, in the Norwich local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 45.9% inflationary increase is applied to the most recent sale price for 1 MILL COTTAGES of £216,500 on 6th November 2014. For the value to have increased from £216,500 to £315,858 over the eleven years and one month to October 2025, the following assumptions must hold true:

• The value of 1 MILL COTTAGES has moved in line with the HPI for terraced houses in the Norwich local authority area.
• The November 2014 sale price of £216,500 represented a fair market value for the property.
• The size, condition, and specification of 1 MILL COTTAGES has not materially changed since November 2014.

How Large is 1 MILL COTTAGES?

1 MILL COTTAGES is 64m², which includes one extension, according to the EPC inspection conducted in November 2008. This puts it in the smallest 10% of terraced houses houses in Norwich, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Norwich, and where 1 MILL COTTAGES lies on this distribution: 5% of terraced houses houses are smaller than 1 MILL COTTAGES, and 95% of houses are larger. Note that EPC data is not available for all properties in Norwich.

1 MILL COTTAGES: Plot and Title Map

1 MILL COTTAGES sits on a plot of roughly 0.050 of an acre, or 201m². The below map shows the location of 1 MILL COTTAGES, 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 1 MILL COTTAGES). 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 1 MILL COTTAGES?

1 MILL COTTAGES is located on HELLESDON MILL LANE in NORWICH, in the NR6 postcode district. The below map shows the position of 1 MILL COTTAGES on HELLESDON MILL LANE.