50, GLOBE STREET, METHWOLD, THETFORD, IP26 4PQ - £355,000

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

50 GLOBE STREET is a midsized extended detached house of 132m², built sometime before 1900. It was last sold for £355,000 in January 2020, which was around 21% above the average January 2020 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was July 2014, where the current energy rating was E, and the potential energy rating was C.

50 GLOBE STREET Sold Prices

Land registry data shows three sales for 50 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 50 GLOBE STREET 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
2020 13 JAN	£355,000	£292,223	21% above HPI
2014 24 JAN	£245,000	£212,994	15% above HPI
2006 17 APR	£210,000	£189,588	11% above HPI

50 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 50 GLOBE STREET sales between April 2006 and January 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 January 2014 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the January 2020 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is 50 GLOBE STREET?

50 GLOBE STREET is 132m², which includes two extensions, according to the EPC inspection conducted in July 2014. 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 50 GLOBE STREET lies on this distribution: 48% of detached houses are smaller than 50 GLOBE STREET, and 51% of houses are larger. Note that EPC data is not available for all properties in Methwold.

50 GLOBE STREET: Plot and Title Map

50 GLOBE STREET sits on a plot of roughly 0.218 of an acre, or 881m². The below map shows the location of 50 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 50 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 50 GLOBE STREET?

50 GLOBE STREET is located in METHWOLD, in the IP26 postcode district. The below map shows the position of No. 50 on GLOBE STREET.