2, ABBEY COTTAGE, STATION ROAD, WEST DEREHAM, KING'S LYNN, PE33 9RR - £230,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 ABBEY COTTAGE is a very small extended semi-detached house of 64m², built sometime before 1900, which could now be worth an estimated £229,693. It was last sold for £230,000 in August 2024, which was around 6% below the average August 2024 semi-detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was September 2023, where the current energy rating was E, and the potential energy rating was B.

2 ABBEY COTTAGE Sold Prices

Land registry data shows five sales for 2 ABBEY COTTAGE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the King's Lynn and West Norfolk local authority area for the corresponding sale date. Most of the five 2 ABBEY 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
2024 16 AUG	£230,000	£244,790	6% below HPI
2018 2 MAR	£194,000	£187,784	3% above HPI
2016 16 AUG	£182,500	£172,764	6% above HPI
2008 29 MAY	£165,000	£146,531	13% above HPI
2004 26 JUL	£117,000	£125,010	6% below HPI

2 ABBEY COTTAGE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the King's Lynn and West Norfolk local authority area over time, sourced from the HPI. The five 2 ABBEY COTTAGE sales between July 2004 and August 2024 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 March 2018 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the August 2024 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 2 ABBEY COTTAGE be worth now?

2 ABBEY COTTAGE might now be worth an estimated £229,693.

This is based on house price deflation of 0.1%, between August 2024 and February 2025, for semi-detached houses, in the King's Lynn and West Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.1% deflationary decrease is applied to the most recent sale price for 2 ABBEY COTTAGE of £230,000 on 16th August 2024. For the value to have decreased from £230,000 to £229,693 over the one year and six months to February 2025, the following assumptions must hold true:

• The value of 2 ABBEY COTTAGE has moved in line with the HPI for semi-detached houses in the King's Lynn and West Norfolk local authority area.
• The August 2024 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ABBEY COTTAGE has not materially changed since August 2024.

How Large is 2 ABBEY COTTAGE?

2 ABBEY COTTAGE is 64m², which includes two extensions, according to the EPC inspection conducted in September 2023. This puts it in the smallest 10% of semi-detached houses houses in West Dereham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in West Dereham, and where 2 ABBEY COTTAGE lies on this distribution: 6% of semi-detached houses houses are smaller than 2 ABBEY COTTAGE, and 94% of houses are larger. Note that EPC data is not available for all properties in West Dereham.

2 ABBEY COTTAGE: Plot and Title Map

2 ABBEY COTTAGE sits on a plot of roughly 0.077 of an acre, or 310m². The below map shows the location of 2 ABBEY 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 2 ABBEY 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 2 ABBEY COTTAGE?

2 ABBEY COTTAGE is located on STATION ROAD in WEST DEREHAM, in the PE33 postcode district. The below map shows the position of 2 ABBEY COTTAGE on STATION ROAD.