HOPE COTTAGE, OXBOROUGH ROAD, STOKE FERRY, KING'S LYNN, PE33 9TA - £212,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

HOPE COTTAGE is a small extended detached house of 85m², built sometime before 1900, which could now be worth an estimated £357,507. It was last sold for £212,000 in March 2014, which was around 3% below the average March 2014 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was November 2010, where the current energy rating was E, and the potential energy rating was E.

HOPE COTTAGE Sold Prices

Land registry data shows three sales for HOPE COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the King's Lynn and West Norfolk local authority area for the corresponding sale date. All of the three HOPE 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
2014 28 MAR	£212,000	£217,463	3% below HPI
2007 13 APR	£177,500	£213,220	17% below HPI
2004 28 MAY	£168,000	£175,555	4% below HPI

HOPE 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 three HOPE COTTAGE sales between May 2004 and March 2014 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 2007 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the March 2014 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might HOPE COTTAGE be worth now?

HOPE COTTAGE might now be worth an estimated £357,507.

This is based on house price inflation of 68.6%, between March 2014 and February 2025, for detached houses, in the King's Lynn and West Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 68.6% inflationary increase is applied to the most recent sale price for HOPE COTTAGE of £212,000 on 28th March 2014. For the value to have increased from £212,000 to £357,507 over the eleven years and one month to February 2025, the following assumptions must hold true:

• The value of HOPE COTTAGE has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The March 2014 sale price of £212,000 represented a fair market value for the property.
• The size, condition, and specification of HOPE COTTAGE has not materially changed since March 2014.

How Large is HOPE COTTAGE?

HOPE COTTAGE is 85m², which includes two extensions, according to the EPC inspection conducted in November 2010. This puts it in the smallest 40% of detached houses houses in Stoke Ferry, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stoke Ferry, and where HOPE COTTAGE lies on this distribution: 32% of detached houses houses are smaller than HOPE COTTAGE, and 68% of houses are larger. Note that EPC data is not available for all properties in Stoke Ferry.

HOPE COTTAGE: Plot and Title Map

HOPE COTTAGE sits on a plot of roughly 0.110 of an acre, or 445m². The below map shows the location of HOPE 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 HOPE 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 HOPE COTTAGE?

HOPE COTTAGE is located on OXBOROUGH ROAD in STOKE FERRY, in the PE33 postcode district. The below map shows the position of HOPE COTTAGE on OXBOROUGH ROAD.