MILL COTTAGE, MILL ROAD, DERSINGHAM, KING'S LYNN, PE31 6HY - £735,000

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

MILL COTTAGE is a very large extended detached house of 315m², built sometime between 1900 and 1929. It was last sold for £735,000 in January 2018, which was around 157% above the average January 2018 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was August 2014, where the current energy rating was F, and the potential energy rating was C.

MILL COTTAGE Sold Prices

Land registry data shows three sales for MILL 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 MILL 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
2018 31 JAN	£735,000	£285,640	157% above HPI
2005 30 SEP	£710,000	£195,935	262% above HPI
1999 26 APR	£225,000	£75,180	199% above HPI

MILL 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 MILL COTTAGE sales between April 1999 and January 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 September 2005 sale was for 262% above the HPI. So the extrapolation line tracks at 262% above the HPI over time, until the January 2018 sale, where it falls to 157% above the HPI. The line then continues to track at 157% above the HPI.

How Large is MILL COTTAGE?

MILL COTTAGE is 315m², which includes one extension, according to the EPC inspection conducted in August 2014. This puts it in the largest 10% of detached houses in Dersingham, based on EPC data. The below chart shows the distribution of detached houses by size in Dersingham, and where MILL COTTAGE lies on this distribution: 99% of detached houses are smaller than MILL COTTAGE, and 1% of houses are larger. Note that EPC data is not available for all properties in Dersingham.

MILL COTTAGE: Plot and Title Map

MILL COTTAGE sits on a plot of roughly 0.828 of an acre, or 3,349m². The below map shows the location of MILL 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 MILL 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 MILL COTTAGE?

MILL COTTAGE is located on MILL ROAD in DERSINGHAM, in the PE31 postcode district. The below map shows the position of MILL COTTAGE on MILL ROAD.