HEATH COTTAGE, WOODBASTWICK ROAD, BLOFIELD, NORWICH, NR13 4QH - £300,000

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.

HEATH COTTAGE is a small extended detached house of 96m², built sometime before 1900, which could now be worth an estimated £419,953. It was last sold for £300,000 in November 2015, which was around 1% above the average November 2015 detached price in the Broadland local authority area. The most recent EPC inspection was August 2012, where the current energy rating was E, and the potential energy rating was B.

HEATH COTTAGE Sold Prices

Land registry data shows four sales for HEATH COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. All of the four HEATH 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
2015 17 NOV	£300,000	£297,901	1% above HPI
2007 22 OCT	£275,000	£261,759	5% above HPI
2000 15 DEC	£134,500	£117,848	14% above HPI
1999 28 JUL	£102,000	£92,586	10% above HPI

HEATH COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broadland local authority area over time, sourced from the HPI. The four HEATH COTTAGE sales between July 1999 and November 2015 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 October 2007 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the November 2015 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might HEATH COTTAGE be worth now?

HEATH COTTAGE might now be worth an estimated £419,953.

This is based on house price inflation of 40%, between November 2015 and October 2025, for detached houses, in the Broadland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 40% inflationary increase is applied to the most recent sale price for HEATH COTTAGE of £300,000 on 17th November 2015. For the value to have increased from £300,000 to £419,953 over the ten years and one month to October 2025, the following assumptions must hold true:

• The value of HEATH COTTAGE has moved in line with the HPI for detached houses in the Broadland local authority area.
• The November 2015 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of HEATH COTTAGE has not materially changed since November 2015.

How Large is HEATH COTTAGE?

HEATH COTTAGE is 96m², which includes one extension, according to the EPC inspection conducted in August 2012. This puts it in the smallest 40% of detached houses houses in Blofield Heath, based on EPC data. The below chart shows the distribution of detached houses houses by size in Blofield Heath, and where HEATH COTTAGE lies on this distribution: 32% of detached houses houses are smaller than HEATH COTTAGE, and 67% of houses are larger. Note that EPC data is not available for all properties in Blofield Heath.

HEATH COTTAGE: Plot and Title Map

HEATH COTTAGE sits on a plot of roughly 0.212 of an acre, or 857m². The below map shows the location of HEATH 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 HEATH 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 HEATH COTTAGE?

HEATH COTTAGE is located on WOODBASTWICK ROAD in BLOFIELD, in the NR13 postcode district. The below map shows the position of HEATH COTTAGE on WOODBASTWICK ROAD.