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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

PIPPIN COTTAGE is a very small detached house of 77m², built sometime between 1996 and 2002, which could now be worth an estimated £269,847. It was last sold for £145,000 in May 2009, which was around 26% 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	£197,054	26% below HPI
2001 16 NOV	£119,000	£115,086	3% above HPI
1999 22 JUL	£86,000	£83,757	3% 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 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the May 2009 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might PIPPIN COTTAGE be worth now?

PIPPIN COTTAGE might now be worth an estimated £269,847.

This is based on house price inflation of 86.1%, between May 2009 and February 2025, 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 86.1% inflationary increase is applied to the most recent sale price for PIPPIN COTTAGE of £145,000 on 28th May 2009. For the value to have increased from £145,000 to £269,847 over the sixteen years and three months to February 2025, the following assumptions must hold true:

• The value of PIPPIN COTTAGE has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The May 2009 sale price of £145,000 represented a fair market value for the property.
• The size, condition, and specification of PIPPIN COTTAGE has not materially changed since May 2009.

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 houses in Wereham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wereham, and where PIPPIN COTTAGE lies on this distribution: 6% of detached houses houses are smaller than PIPPIN COTTAGE, and 94% 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.