SPRING COTTAGE, CHAPEL ROAD, ERPINGHAM, NORWICH, NR11 7QJ - £460,000

SPRING COTTAGE is a midsized extended detached house of 128m², built sometime between 1983 and 1990. It was last sold for £460,000 in June 2022, which was around 9% above the average June 2022 detached price in the North Norfolk local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was C.

SPRING COTTAGE Sold Prices

Land registry data shows two sales for SPRING COTTAGE 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 SPRING 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
2022 20 JUN	£460,000	£421,406	9% above HPI
2016 4 MAY	£330,060	£302,331	9% above HPI

SPRING 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 two SPRING COTTAGE sales from May 2016 and June 2022 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 May 2016 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the June 2022 sale, which was also at 9% above the HPI.

How Large is SPRING COTTAGE?

SPRING COTTAGE is 128m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the smallest 50% of detached houses in Erpingham, based on EPC data. The below chart shows the distribution of detached houses by size in Erpingham, and where SPRING COTTAGE lies on this distribution: 46% of detached houses are smaller than SPRING COTTAGE, and 54% of houses are larger. Note that EPC data is not available for all properties in Erpingham.

SPRING COTTAGE: Plot and Title Map

SPRING COTTAGE sits on a plot of roughly 0.094 of an acre, or 381m². The below map shows the location of SPRING 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 SPRING 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 SPRING COTTAGE?

SPRING COTTAGE is located on CHAPEL ROAD in ERPINGHAM, in the NR11 postcode district. The below map shows the position of SPRING COTTAGE on CHAPEL ROAD.