PEDDARS, HEACHAM ROAD, SEDGEFORD, HUNSTANTON, PE36 5LU - £337,000

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

PEDDARS is a very small extended detached house of 78m², built sometime between 1900 and 1929. It was last sold for £337,000 in March 2021, which was around 7% above the average March 2021 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was November 2013, where the current energy rating was E, and the potential energy rating was C.

PEDDARS Sold Prices

Land registry data shows four sales for PEDDARS 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. Most of the four PEDDARS sales 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
2021 15 MAR	£337,000	£316,180	7% above HPI
2019 20 DEC	£275,000	£293,433	6% below HPI
2014 28 JAN	£170,000	£212,994	20% below HPI
2003 11 DEC	£143,000	£162,543	12% below HPI

PEDDARS 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 PEDDARS sales between December 2003 and March 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 December 2019 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the March 2021 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is PEDDARS?

PEDDARS is 78m², which includes one extension, according to the EPC inspection conducted in November 2013. This puts it in the smallest 20% of detached houses in Sedgeford, based on EPC data. The below chart shows the distribution of detached houses by size in Sedgeford, and where PEDDARS lies on this distribution: 11% of detached houses are smaller than PEDDARS, and 89% of houses are larger. Note that EPC data is not available for all properties in Sedgeford.

PEDDARS: Plot and Title Map

PEDDARS sits on a plot of roughly 0.076 of an acre, or 309m². The below map shows the location of PEDDARS, 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 PEDDARS). 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 PEDDARS?

PEDDARS is located on HEACHAM ROAD in SEDGEFORD, in the PE36 postcode district. The below map shows the position of PEDDARS on HEACHAM ROAD.