ORCHARD COTTAGE, RECTORY LANE, NORTH RUNCTON, KING'S LYNN, PE33 0QS - £510,000

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

ORCHARD COTTAGE is a large extended detached house of 180m², built sometime before 1900. It was last sold for £510,000 in November 2021, which was around 52% above the average November 2021 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was November 2020, where the current energy rating was F, and the potential energy rating was D.

ORCHARD COTTAGE Sold Prices

Land registry data shows three sales for ORCHARD 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 ORCHARD 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
2021 4 NOV	£510,000	£335,168	52% above HPI
2016 30 JUN	£350,000	£250,494	40% above HPI
1995 1 DEC	£120,000	£59,056	103% above HPI

ORCHARD 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 ORCHARD COTTAGE sales between December 1995 and November 2021 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 June 2016 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the November 2021 sale, where it rises to 52% above the HPI. The line then continues to track at 52% above the HPI.

How Large is ORCHARD COTTAGE?

ORCHARD COTTAGE is 180m², which includes two extensions, according to the EPC inspection conducted in November 2020. This puts it in the largest 40% of detached houses in North Runcton, based on EPC data. The below chart shows the distribution of detached houses by size in North Runcton, and where ORCHARD COTTAGE lies on this distribution: 60% of detached houses are smaller than ORCHARD COTTAGE, and 40% of houses are larger. Note that EPC data is not available for all properties in North Runcton.

ORCHARD COTTAGE: Plot and Title Map

ORCHARD COTTAGE sits on a plot of roughly 0.375 of an acre, or 1,517m². The below map shows the location of ORCHARD 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 ORCHARD 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 ORCHARD COTTAGE?

ORCHARD COTTAGE is located on RECTORY LANE in NORTH RUNCTON, in the PE33 postcode district. The below map shows the position of ORCHARD COTTAGE on RECTORY LANE.