3, MILL END COTTAGE, GRIMSTON ROAD, GAYTON, KING'S LYNN, PE32 1PG - £200,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

3 MILL END COTTAGE is a midsized extended detached house of 97m², built sometime before 1900. It was last sold for £200,000 in December 2020, which was around 37% below the average December 2020 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was July 2020, where the current energy rating was E, and the potential energy rating was C.

3 MILL END COTTAGE Sold Prices

Land registry data shows three sales for 3 MILL END COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the King's Lynn and West Norfolk local authority area for the corresponding sale date. One of the three 3 MILL END COTTAGE sales was for below the average price, whilst two 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
2020 18 DEC	£200,000	£316,520	37% below HPI
2005 20 JUL	£280,000	£200,070	40% above HPI
2003 30 MAY	£195,000	£148,022	32% above HPI

3 MILL END COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the King's Lynn and West Norfolk local authority area over time, sourced from the HPI. The three 3 MILL END COTTAGE sales between May 2003 and December 2020 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 July 2005 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the December 2020 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 3 MILL END COTTAGE?

3 MILL END COTTAGE is 97m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the smallest 50% of detached houses in Gayton, based on EPC data. The below chart shows the distribution of detached houses by size in Gayton, and where 3 MILL END COTTAGE lies on this distribution: 42% of detached houses are smaller than 3 MILL END COTTAGE, and 57% of houses are larger. Note that EPC data is not available for all properties in Gayton.

3 MILL END COTTAGE: Plot and Title Map

3 MILL END COTTAGE sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 3 MILL END 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 3 MILL END 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 3 MILL END COTTAGE?

3 MILL END COTTAGE is located on GRIMSTON ROAD in GAYTON, in the PE32 postcode district. The below map shows the position of 3 MILL END COTTAGE on GRIMSTON ROAD.