47, GLOBE STREET, METHWOLD, THETFORD, IP26 4PQ - £198,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

47 GLOBE STREET is a midsized extended semi-detached house of 125m², built sometime before 1900. It was last sold for £198,000 in February 2021, which was around 37% below the average February 2021 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was January 2020, where the current energy rating was G, and the potential energy rating was C.

47 GLOBE STREET Sold Prices

Land registry data shows three sales for 47 GLOBE STREET 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. All of the three 47 GLOBE STREET 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
2021 19 FEB	£198,000	£313,276	37% below HPI
1997 31 OCT	£64,000	£67,986	6% below HPI
1995 1 MAR	£37,500	£60,911	38% below HPI

47 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 three 47 GLOBE STREET sales between March 1995 and February 2021 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 October 1997 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the February 2021 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 47 GLOBE STREET?

47 GLOBE STREET is 125m², which includes two extensions, according to the EPC inspection conducted in January 2020. This puts it in the smallest 50% of detached houses in Methwold, based on EPC data. The below chart shows the distribution of detached houses by size in Methwold, and where 47 GLOBE STREET lies on this distribution: 46% of detached houses are smaller than 47 GLOBE STREET, and 54% of houses are larger. Note that EPC data is not available for all properties in Methwold.

47 GLOBE STREET: Plot and Title Map

47 GLOBE STREET sits on a plot of roughly 0.206 of an acre, or 833m². The below map shows the location of 47 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 47 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 47 GLOBE STREET?

47 GLOBE STREET is located in METHWOLD, in the IP26 postcode district. The below map shows the position of No. 47 on GLOBE STREET.