41, GLOBE STREET, METHWOLD, THETFORD, IP26 4PQ - £425,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

41 GLOBE STREET is a large extended detached house of 164m², built sometime from 2012 onwards. It was last sold for £425,000 in June 2019, which was around 46% above the average June 2019 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was C.

41 GLOBE STREET Sold Prices

Land registry data shows two sales for 41 GLOBE STREET since 1^st January 1995. The below table shows the price paid for the two 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 two 41 GLOBE STREET sales was for above the average price, whilst the other was 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
2019 14 JUN	£425,000	£291,499	46% above HPI
2017 15 NOV	£140,000	£289,752	52% below HPI

41 GLOBE STREET 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 two 41 GLOBE STREET sales from November 2017 and June 2019 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 November 2017 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the June 2019 sale, where it rises to 46% above the HPI. The line then continues to track at 46% above the HPI.

How Large is 41 GLOBE STREET?

41 GLOBE STREET is 164m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the largest 30% of detached houses in Methwold, based on EPC data. The below chart shows the distribution of detached houses by size in Methwold, and where 41 GLOBE STREET lies on this distribution: 77% of detached houses are smaller than 41 GLOBE STREET, and 23% of houses are larger. Note that EPC data is not available for all properties in Methwold.

41 GLOBE STREET: Plot and Title Map

41 GLOBE STREET sits on a plot of roughly 0.061 of an acre, or 247m². The below map shows the location of 41 GLOBE STREET, 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 41 GLOBE STREET). 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 41 GLOBE STREET?

41 GLOBE STREET is located in METHWOLD, in the IP26 postcode district. The below map shows the position of No. 41 on GLOBE STREET.