CREEK COTTAGE, WORKHOUSE LANE, UPWELL, WISBECH, PE14 9ET - £50,000

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

CREEK COTTAGE is a midsized extended detached house of 125m², built sometime before 1900. It was last sold for £50,000 in January 2001, which was around 50% below the average January 2001 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was March 2017, where the current energy rating was E, and the potential energy rating was B.

CREEK COTTAGE Sold Prices

Land registry data shows two sales for CREEK 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 CREEK 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
2001 25 JAN	£50,000	£99,089	50% below HPI
2001 19 JAN	£50,000	£99,089	50% below HPI

CREEK 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 CREEK COTTAGE sales from January 2001 and January 2001 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 2001 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the January 2001 sale, which was also at 50% below the HPI.

How Large is CREEK COTTAGE?

CREEK COTTAGE is 125m², which includes two extensions, according to the EPC inspection conducted in March 2017. This puts it in the largest 50% of detached houses in Upwell, based on EPC data. The below chart shows the distribution of detached houses by size in Upwell, and where CREEK COTTAGE lies on this distribution: 52% of detached houses are smaller than CREEK COTTAGE, and 48% of houses are larger. Note that EPC data is not available for all properties in Upwell.

CREEK COTTAGE: Plot and Title Map

CREEK COTTAGE sits on a plot of roughly 0.162 of an acre, or 657m². The below map shows the location of CREEK 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 CREEK 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 CREEK COTTAGE?

CREEK COTTAGE is located on WORKHOUSE LANE in UPWELL, in the PE14 postcode district. The below map shows the position of CREEK COTTAGE on WORKHOUSE LANE.