ROWAN COTTAGE, BASIN ROAD, OUTWELL, WISBECH, PE14 8TQ - £190,000

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

ROWAN COTTAGE is a very large extended detached house of 158m², built sometime between 1930 and 1949. It was last sold for £190,000 in November 2002, which was around 33% above the average November 2002 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was June 2014, where the current energy rating was E, and the potential energy rating was C.

ROWAN COTTAGE Sold Prices

Land registry data shows two sales for ROWAN COTTAGE since 1^st January 1995. The below table shows the price paid for the two 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 two ROWAN COTTAGE sales was for above the average price, whilst the other was 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
2002 29 NOV	£190,000	£142,417	33% above HPI
1995 6 OCT	£17,500	£57,649	70% below HPI

ROWAN 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 two ROWAN COTTAGE sales from October 1995 and November 2002 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 October 1995 sale was for 70% below the HPI. So the extrapolation line tracks at 70% below the HPI over time, until the November 2002 sale, where it rises to 33% above the HPI. The line then continues to track at 33% above the HPI.

How Large is ROWAN COTTAGE?

ROWAN COTTAGE is 158m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the largest 20% of detached houses in Outwell, based on EPC data. The below chart shows the distribution of detached houses by size in Outwell, and where ROWAN COTTAGE lies on this distribution: 82% of detached houses are smaller than ROWAN COTTAGE, and 18% of houses are larger. Note that EPC data is not available for all properties in Outwell.

ROWAN COTTAGE: Plot and Title Map

ROWAN COTTAGE sits on a plot of roughly 0.215 of an acre, or 870m². The below map shows the location of ROWAN 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 ROWAN 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 ROWAN COTTAGE?

ROWAN COTTAGE is located on BASIN ROAD in OUTWELL, in the PE14 postcode district. The below map shows the position of ROWAN COTTAGE on BASIN ROAD.