Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
4 ABBEY FARM is a midsized detached house of 105m², built sometime between 1991 and 1995. It was last sold for £236,000 in April 2016, which was around 7% below the average April 2016 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 4 ABBEY FARM since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the King's Lynn and West Norfolk local authority area for the corresponding sale date. Most of the four 4 ABBEY FARM 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 |
---|---|---|---|
2016 11 APR | £236,000 | £252,461 | 7% below HPI |
2007 6 SEP | £237,000 | £217,007 | 9% above HPI |
2005 17 AUG | £187,500 | £199,929 | 6% below HPI |
2004 20 FEB | £156,000 | £168,582 | 7% below HPI |
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 four 4 ABBEY FARM sales between February 2004 and April 2016 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 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the April 2016 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.
4 ABBEY FARM is 105m² according to the EPC inspection conducted in February 2014. This puts it in the largest 50% of detached houses in Marham, based on EPC data. The below chart shows the distribution of detached houses by size in Marham, and where 4 ABBEY FARM lies on this distribution: 51% of detached houses are smaller than 4 ABBEY FARM, and 47% of houses are larger. Note that EPC data is not available for all properties in Marham.
4 ABBEY FARM sits on a plot of roughly 0.208 of an acre, or 842m². The below map shows the location of 4 ABBEY FARM, 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 4 ABBEY FARM). 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.
4 ABBEY FARM is located on THE STREET in MARHAM, in the PE33 postcode district. The below map shows the position of 4 ABBEY FARM on THE STREET.