PIPPIN COTTAGE, BACK LANE, WEREHAM, KING'S LYNN, PE33 9BB - £145,000

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

PIPPIN COTTAGE is a very small detached house of 77m², built sometime between 1996 and 2002. It was last sold for £145,000 in May 2009, which was around 24% below the average May 2009 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was C.

PIPPIN COTTAGE Sold Prices

Land registry data shows three sales for PIPPIN 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. One of the three PIPPIN COTTAGE sales was for below the average price, whilst two 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
2009 28 MAY	£145,000	£191,755	24% below HPI
2001 16 NOV	£119,000	£111,991	6% above HPI
1999 22 JUL	£86,000	£81,504	6% above HPI

PIPPIN 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 PIPPIN COTTAGE sales between July 1999 and May 2009 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 November 2001 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the May 2009 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is PIPPIN COTTAGE?

PIPPIN COTTAGE is 77m² according to the EPC inspection conducted in June 2019. This puts it in the smallest 10% of detached houses in Wereham, based on EPC data. The below chart shows the distribution of detached houses by size in Wereham, and where PIPPIN COTTAGE lies on this distribution: 7% of detached houses are smaller than PIPPIN COTTAGE, and 93% of houses are larger. Note that EPC data is not available for all properties in Wereham.

PIPPIN COTTAGE: Plot and Title Map

PIPPIN COTTAGE sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of PIPPIN 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 PIPPIN 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 PIPPIN COTTAGE?

PIPPIN COTTAGE is located on BACK LANE in WEREHAM, in the PE33 postcode district. The below map shows the position of PIPPIN COTTAGE on BACK LANE.