MALACO, OXBOROUGH ROAD, STOKE FERRY, KING'S LYNN, PE33 9TA - £360,000

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

MALACO is a small detached house of 97m², built sometime between 1983 and 1990. It was last sold for £360,000 in October 2018, which was around 21% above the average October 2018 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was August 2009, where the current energy rating was D, and the potential energy rating was D.

MALACO Sold Prices

Land registry data shows two sales for MALACO 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 MALACO 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
2018 12 OCT	£360,000	£297,977	21% above HPI
2015 24 APR	£285,000	£235,284	21% above HPI

MALACO 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 MALACO sales from April 2015 and October 2018 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 2015 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the October 2018 sale, which was also at 21% above the HPI.

How Large is MALACO?

MALACO is 97m² according to the EPC inspection conducted in August 2009. 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 MALACO lies on this distribution: 36% of detached houses are smaller than MALACO, and 64% of houses are larger. Note that EPC data is not available for all properties in Stoke Ferry.

MALACO: Plot and Title Map

MALACO sits on a plot of roughly 0.322 of an acre, or 1,302m². The below map shows the location of MALACO, 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 MALACO). 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 MALACO?

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