BIRDBECK COTTAGE, BASIN ROAD, OUTWELL, WISBECH, PE14 8TQ - £270,000

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

BIRDBECK COTTAGE is a very small detached house of 70m², built sometime before 1900. It was last sold for £270,000 in May 2021, which was around 15% below the average May 2021 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was December 2013, where the current energy rating was F, and the potential energy rating was B.

BIRDBECK COTTAGE Sold Prices

Land registry data shows two sales for BIRDBECK COTTAGE 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. Both of the two BIRDBECK COTTAGE 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 26 MAY	£270,000	£315,796	15% below HPI
2014 11 AUG	£145,000	£224,071	35% below HPI

BIRDBECK 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 two BIRDBECK COTTAGE sales from August 2014 and May 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 August 2014 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the May 2021 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is BIRDBECK COTTAGE?

BIRDBECK COTTAGE is 70m² according to the EPC inspection conducted in December 2013. This puts it in the smallest 20% of detached houses in Outwell, based on EPC data. The below chart shows the distribution of detached houses by size in Outwell, and where BIRDBECK COTTAGE lies on this distribution: 14% of detached houses are smaller than BIRDBECK COTTAGE, and 85% of houses are larger. Note that EPC data is not available for all properties in Outwell.

BIRDBECK COTTAGE: Plot and Title Map

BIRDBECK COTTAGE sits on a plot of roughly 0.383 of an acre, or 1,548m². The below map shows the location of BIRDBECK 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 BIRDBECK 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 BIRDBECK COTTAGE?

BIRDBECK COTTAGE is located on BASIN ROAD in OUTWELL, in the PE14 postcode district. The below map shows the position of BIRDBECK COTTAGE on BASIN ROAD.