CHERRY MEADE, DRUIDS LANE, LITCHAM, KING'S LYNN, PE32 2YA - £575,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

CHERRY MEADE is a very large detached house of 200m², built sometime between 1983 and 1990, which could now be worth an estimated £592,451. It was last sold for £575,000 in January 2022, which was around 60% above the average January 2022 detached price in the Breckland local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was C.

CHERRY MEADE Sold Prices

Land registry data shows four sales for CHERRY MEADE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. All of the four CHERRY MEADE 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
2022 21 JAN	£575,000	£359,519	60% above HPI
2003 19 NOV	£285,000	£174,316	63% above HPI
1998 10 SEP	£127,000	£79,776	59% above HPI
1996 29 NOV	£93,000	£68,382	36% above HPI

CHERRY MEADE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Breckland local authority area over time, sourced from the HPI. The four CHERRY MEADE sales between November 1996 and January 2022 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 2003 sale was for 63% above the HPI. So the extrapolation line tracks at 63% above the HPI over time, until the January 2022 sale, where it falls to 60% above the HPI. The line then continues to track at 60% above the HPI.

What might CHERRY MEADE be worth now?

CHERRY MEADE might now be worth an estimated £592,451.

This is based on house price inflation of 3%, between January 2022 and February 2025, for detached houses, in the Breckland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3% inflationary increase is applied to the most recent sale price for CHERRY MEADE of £575,000 on 21st January 2022. For the value to have increased from £575,000 to £592,451 over the two years and eleven months to February 2025, the following assumptions must hold true:

• The value of CHERRY MEADE has moved in line with the HPI for detached houses in the Breckland local authority area.
• The January 2022 sale price of £575,000 represented a fair market value for the property.
• The size, condition, and specification of CHERRY MEADE has not materially changed since January 2022.

How Large is CHERRY MEADE?

CHERRY MEADE is 200m² according to the EPC inspection conducted in June 2015. This puts it in the largest 20% of detached houses houses in Litcham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Litcham, and where CHERRY MEADE lies on this distribution: 80% of detached houses houses are smaller than CHERRY MEADE, and 20% of houses are larger. Note that EPC data is not available for all properties in Litcham.

CHERRY MEADE: Plot and Title Map

CHERRY MEADE sits on a plot of roughly 0.317 of an acre, or 1,283m². The below map shows the location of CHERRY MEADE, 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 CHERRY MEADE). 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 CHERRY MEADE?

CHERRY MEADE is located on DRUIDS LANE in LITCHAM, in the PE32 postcode district. The below map shows the position of CHERRY MEADE on DRUIDS LANE.