FIELD COTTAGE, BACK STREET, GAYTON, KING'S LYNN, PE32 1QR - £400,000

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

FIELD COTTAGE is a very large detached house of 159m², built sometime between 1991 and 1995. It was last sold for £400,000 in April 2020, which was around 38% above the average April 2020 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was May 2016, where the current energy rating was F, and the potential energy rating was C.

FIELD COTTAGE Sold Prices

Land registry data shows two sales for FIELD 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 FIELD COTTAGE 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 17 APR	£400,000	£290,540	38% above HPI
2017 3 APR	£350,000	£270,154	30% above HPI

FIELD 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 FIELD COTTAGE sales from April 2017 and April 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 April 2017 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the April 2020 sale, where it rises to 38% above the HPI. The line then continues to track at 38% above the HPI.

How Large is FIELD COTTAGE?

FIELD COTTAGE is 159m² according to the EPC inspection conducted in May 2016. This puts it in the largest 20% of detached houses in Gayton, based on EPC data. The below chart shows the distribution of detached houses by size in Gayton, and where FIELD COTTAGE lies on this distribution: 80% of detached houses are smaller than FIELD COTTAGE, and 19% of houses are larger. Note that EPC data is not available for all properties in Gayton.

FIELD COTTAGE: Plot and Title Map

FIELD COTTAGE sits on a plot of roughly 0.394 of an acre, or 1,592m². The below map shows the location of FIELD 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 FIELD 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 FIELD COTTAGE?

FIELD COTTAGE is located on BACK STREET in GAYTON, in the PE32 postcode district. The below map shows the position of FIELD COTTAGE on BACK STREET.