MEADOW COTTAGE, SCHOOL LANE, MARHAM, KING'S LYNN, PE33 9JA - £310,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

MEADOW COTTAGE is a very large extended detached house of 162m², built sometime between 2003 and 2006. It was last sold for £310,000 in August 2014, which was around 38% above the average August 2014 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was April 2011, where the current energy rating was C, and the potential energy rating was C.

MEADOW COTTAGE Sold Prices

Land registry data shows three sales for MEADOW 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 MEADOW 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
2014 15 AUG	£310,000	£224,071	38% above HPI
2013 23 AUG	£280,000	£210,754	33% above HPI
2008 22 MAY	£277,500	£211,544	31% above HPI

MEADOW 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 MEADOW COTTAGE sales between May 2008 and August 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 August 2013 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the August 2014 sale, where it rises to 38% above the HPI. The line then continues to track at 38% above the HPI.

How Large is MEADOW COTTAGE?

MEADOW COTTAGE is 162m², which includes one extension, according to the EPC inspection conducted in April 2011. This puts it in the largest 20% of detached houses in Marham, based on EPC data. The below chart shows the distribution of detached houses by size in Marham, and where MEADOW COTTAGE lies on this distribution: 83% of detached houses are smaller than MEADOW COTTAGE, and 17% of houses are larger. Note that EPC data is not available for all properties in Marham.

MEADOW COTTAGE: Plot and Title Map

MEADOW COTTAGE sits on a plot of roughly 0.158 of an acre, or 640m². The below map shows the location of MEADOW 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 MEADOW 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 MEADOW COTTAGE?

MEADOW COTTAGE is located on SCHOOL LANE in MARHAM, in the PE33 postcode district. The below map shows the position of MEADOW COTTAGE on SCHOOL LANE.