RAILWAY COTTAGE, TOWN LANE, BRANCASTER STAITHE, KING'S LYNN, PE31 8BT - £510,000

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.

RAILWAY COTTAGE is a midsized extended detached house of 113m², built sometime between 1996 and 2002, which could now be worth an estimated £630,301. It was last sold for £510,000 in February 2019, which was around 72% above the average February 2019 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was C.

RAILWAY COTTAGE Sold Prices

Land registry data shows three sales for RAILWAY 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 RAILWAY COTTAGE sales was for above the average price, whilst two 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
2019 26 FEB	£510,000	£296,727	72% above HPI
1998 24 JUN	£31,000	£75,500	59% below HPI
1995 29 SEP	£24,000	£59,563	60% below HPI

RAILWAY 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 RAILWAY COTTAGE sales between September 1995 and February 2019 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 1998 sale was for 59% below the HPI. So the extrapolation line tracks at 59% below the HPI over time, until the February 2019 sale, where it rises to 72% above the HPI. The line then continues to track at 72% above the HPI.

What might RAILWAY COTTAGE be worth now?

RAILWAY COTTAGE might now be worth an estimated £630,301.

This is based on house price inflation of 23.6%, between February 2019 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 23.6% inflationary increase is applied to the most recent sale price for RAILWAY COTTAGE of £510,000 on 26th February 2019. For the value to have increased from £510,000 to £630,301 over the six years to February 2025, the following assumptions must hold true:

• The value of RAILWAY COTTAGE has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The February 2019 sale price of £510,000 represented a fair market value for the property.
• The size, condition, and specification of RAILWAY COTTAGE has not materially changed since February 2019.

How Large is RAILWAY COTTAGE?

RAILWAY COTTAGE is 113m², which includes one extension, according to the EPC inspection conducted in September 2017. This puts it in the smallest 50% of detached houses houses in Brancaster Staithe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Brancaster Staithe, and where RAILWAY COTTAGE lies on this distribution: 42% of detached houses houses are smaller than RAILWAY COTTAGE, and 56% of houses are larger. Note that EPC data is not available for all properties in Brancaster Staithe.

RAILWAY COTTAGE: Plot and Title Map

RAILWAY COTTAGE sits on a plot of roughly 0.365 of an acre, or 1,476m². The below map shows the location of RAILWAY 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 RAILWAY 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 RAILWAY COTTAGE?

RAILWAY COTTAGE is located on TOWN LANE in BRANCASTER STAITHE, in the PE31 postcode district. The below map shows the position of RAILWAY COTTAGE on TOWN LANE.