HORNBEAM COTTAGE, LODDON ROAD, GILLINGHAM, BECCLES, NR34 0AG - £320,000

HORNBEAM COTTAGE is a midsized detached house of 98m², built sometime between 1983 and 1990. It was last sold for £320,000 in June 2021, which was around 18% below the average June 2021 detached price in the South Norfolk local authority area. The most recent EPC inspection was May 2020, where the current energy rating was D, and the potential energy rating was C.

HORNBEAM COTTAGE Sold Prices

Land registry data shows four sales for HORNBEAM 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 South Norfolk local authority area for the corresponding sale date. All of the four HORNBEAM COTTAGE 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
2021 16 JUN	£320,000	£389,097	18% below HPI
2007 3 SEP	£233,000	£261,799	11% below HPI
2004 11 NOV	£190,000	£223,697	15% below HPI
2002 2 OCT	£160,000	£169,064	5% below HPI

HORNBEAM 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 four HORNBEAM COTTAGE sales between October 2002 and June 2021 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 September 2007 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the June 2021 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is HORNBEAM COTTAGE?

HORNBEAM COTTAGE is 98m² according to the EPC inspection conducted in May 2020. This puts it in the largest 50% of detached houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses by size in Gillingham, and where HORNBEAM COTTAGE lies on this distribution: 50% of detached houses are smaller than HORNBEAM COTTAGE, and 48% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

HORNBEAM COTTAGE: Plot and Title Map

HORNBEAM COTTAGE sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of HORNBEAM 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 HORNBEAM 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 HORNBEAM COTTAGE?

HORNBEAM COTTAGE is located on LODDON ROAD in GILLINGHAM, in the NR34 postcode district. The below map shows the position of HORNBEAM COTTAGE on LODDON ROAD.