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

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

HOPE COTTAGE is a small extended detached house of 85m², built sometime before 1900. It was last sold for £212,000 in March 2014, which was about 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. The three HOPE COTTAGE sales were a mix of roughly equal to the average price, and 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	£211,616	Close to HPI
2007 13 APR	£177,500	£207,487	14% below HPI
2004 28 MAY	£168,000	£170,835	2% 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 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the March 2014 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

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 in Stoke Ferry, based on EPC data. The below chart shows the distribution of detached houses by size in Stoke Ferry, and where HOPE COTTAGE lies on this distribution: 32% of detached 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.