WALNUT COTTAGE, THE COMMON, SHOTESHAM ALL SAINTS, NORWICH, NR15 1YD - £460,000

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.

WALNUT COTTAGE is a midsized extended detached house of 167m², built sometime before 1900, which could now be worth an estimated £700,623. It was last sold for £460,000 in June 2015, which was around 65% above the average June 2015 detached price in the South Norfolk local authority area. The most recent EPC inspection was December 2015, where the current energy rating was F, and the potential energy rating was E.

WALNUT COTTAGE Sold Prices

Land registry data shows two sales for WALNUT 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 South Norfolk local authority area for the corresponding sale date. Both of the two WALNUT 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 26 JUN	£460,000	£278,356	65% above HPI
2014 24 APR	£400,000	£258,006	55% above HPI

WALNUT 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 two WALNUT COTTAGE sales from April 2014 and June 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 April 2014 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the June 2015 sale, where it rises to 65% above the HPI. The line then continues to track at 65% above the HPI.

What might WALNUT COTTAGE be worth now?

WALNUT COTTAGE might now be worth an estimated £700,623.

This is based on house price inflation of 52.3%, between June 2015 and June 2025, for detached houses, in the South Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 52.3% inflationary increase is applied to the most recent sale price for WALNUT COTTAGE of £460,000 on 26th June 2015. For the value to have increased from £460,000 to £700,623 over the ten years to June 2025, the following assumptions must hold true:

• The value of WALNUT COTTAGE has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The June 2015 sale price of £460,000 represented a fair market value for the property.
• The size, condition, and specification of WALNUT COTTAGE has not materially changed since June 2015.

How Large is WALNUT COTTAGE?

WALNUT COTTAGE is 167m², which includes three extensions, according to the EPC inspection conducted in December 2015. This puts it in the smallest 50% of detached houses houses in Shotesham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shotesham, and where WALNUT COTTAGE lies on this distribution: 48% of detached houses houses are smaller than WALNUT COTTAGE, and 52% of houses are larger. Note that EPC data is not available for all properties in Shotesham.

WALNUT COTTAGE: Plot and Title Map

WALNUT COTTAGE sits on a plot of roughly 0.689 of an acre, or 2,790m². The below map shows the location of WALNUT 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 WALNUT 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 WALNUT COTTAGE?

WALNUT COTTAGE is located on THE COMMON in SHOTESHAM ALL SAINTS, in the NR15 postcode district. The below map shows the position of WALNUT COTTAGE on THE COMMON.