MEGGET, PLOUGHMANS PIECE, THORNHAM, HUNSTANTON, PE36 6NE - £425,000

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

MEGGET is a very small detached house of 83m², built sometime between 1967 and 1975. It was last sold for £425,000 in December 2020, which was around 34% above the average December 2020 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 D.

MEGGET Sold Prices

Land registry data shows two sales for MEGGET 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 MEGGET 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
2020 18 DEC	£425,000	£316,520	34% above HPI
2011 18 APR	£225,000	£198,672	13% above HPI

MEGGET 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 MEGGET sales from April 2011 and December 2020 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 2011 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the December 2020 sale, where it rises to 34% above the HPI. The line then continues to track at 34% above the HPI.

How Large is MEGGET?

MEGGET is 83m² according to the EPC inspection conducted in March 2010. This puts it in the smallest 20% of detached houses in Thornham, based on EPC data. The below chart shows the distribution of detached houses by size in Thornham, and where MEGGET lies on this distribution: 11% of detached houses are smaller than MEGGET, and 89% of houses are larger. Note that EPC data is not available for all properties in Thornham.

MEGGET: Plot and Title Map

MEGGET sits on a plot of roughly 0.168 of an acre, or 678m². The below map shows the location of MEGGET, 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 MEGGET). 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 MEGGET?

MEGGET is located on PLOUGHMANS PIECE in THORNHAM, in the PE36 postcode district. The below map shows the position of MEGGET on PLOUGHMANS PIECE.