PEARMANS COTTAGE, HIGH STREET, FINCHAM, KING'S LYNN, PE33 9HD - £245,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

PEARMANS COTTAGE is a very small extended detached house of 76m², built sometime before 1900, which could now be worth an estimated £415,019. It was last sold for £245,000 in April 2014, which was around 11% above the average April 2014 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 E.

PEARMANS COTTAGE Sold Prices

Land registry data shows four sales for PEARMANS COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the King's Lynn and West Norfolk local authority area for the corresponding sale date. two of the four PEARMANS COTTAGE sales were for above the average price, and four were for below 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 2 APR	£245,000	£220,853	11% above HPI
2007 17 AUG	£247,000	£226,847	9% above HPI
2000 24 JAN	£77,000	£86,448	11% below HPI
1997 6 JUN	£64,000	£68,668	7% below HPI

PEARMANS 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 four PEARMANS COTTAGE sales between June 1997 and April 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 2007 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the April 2014 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might PEARMANS COTTAGE be worth now?

PEARMANS COTTAGE might now be worth an estimated £415,019.

This is based on house price inflation of 69.4%, between April 2014 and December 2024, for detached houses, in the King's Lynn and West Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 69.4% inflationary increase is applied to the most recent sale price for PEARMANS COTTAGE of £245,000 on 2nd April 2014. For the value to have increased from £245,000 to £415,019 over the nine years and four months to December 2024, the following assumptions must hold true:

• The value of PEARMANS COTTAGE has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The April 2014 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of PEARMANS COTTAGE has not materially changed since April 2014.

How Large is PEARMANS COTTAGE?

PEARMANS COTTAGE is 76m², which includes two extensions, according to the EPC inspection conducted in March 2010. This puts it in the smallest 10% of detached houses houses in Fincham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fincham, and where PEARMANS COTTAGE lies on this distribution: 9% of detached houses houses are smaller than PEARMANS COTTAGE, and 91% of houses are larger. Note that EPC data is not available for all properties in Fincham.

PEARMANS COTTAGE: Plot and Title Map

PEARMANS COTTAGE sits on a plot of roughly 0.147 of an acre, or 595m². The below map shows the location of PEARMANS 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 PEARMANS 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 PEARMANS COTTAGE?

PEARMANS COTTAGE is located on HIGH STREET in FINCHAM, in the PE33 postcode district. The below map shows the position of PEARMANS COTTAGE on HIGH STREET.