HONEY COTTAGE, HEACHAM ROAD, SEDGEFORD, HUNSTANTON, PE36 5LU - £179,000

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

HONEY COTTAGE is a small extended detached house of 100m², built sometime between 1930 and 1949. It was last sold for £179,000 in October 2011, which was around 11% below the average October 2011 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was March 2010, where the current energy rating was F, and the potential energy rating was E.

HONEY COTTAGE Sold Prices

Land registry data shows two sales for HONEY 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 HONEY 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
2011 4 OCT	£179,000	£200,683	11% below HPI
1997 16 DEC	£58,950	£70,343	16% below HPI

HONEY 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 HONEY COTTAGE sales from December 1997 and October 2011 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 December 1997 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the October 2011 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is HONEY COTTAGE?

HONEY COTTAGE is 100m², which includes one extension, according to the EPC inspection conducted in March 2010. This puts it in the smallest 30% of detached houses in Sedgeford, based on EPC data. The below chart shows the distribution of detached houses by size in Sedgeford, and where HONEY COTTAGE lies on this distribution: 23% of detached houses are smaller than HONEY COTTAGE, and 77% of houses are larger. Note that EPC data is not available for all properties in Sedgeford.

HONEY COTTAGE: Plot and Title Map

HONEY COTTAGE sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of HONEY 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 HONEY 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 HONEY COTTAGE?

HONEY COTTAGE is located on HEACHAM ROAD in SEDGEFORD, in the PE36 postcode district. The below map shows the position of HONEY COTTAGE on HEACHAM ROAD.