RUSSETS, FURLONG DROVE, STOKE FERRY, KING'S LYNN, PE33 9SX - £256,500

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.

RUSSETS is a small extended detached house of 102m², built sometime between 1976 and 1982, which could now be worth an estimated £302,589. It was last sold for £256,500 in September 2020, which was around 17% below the average September 2020 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was May 2019, where the current energy rating was F, and the potential energy rating was D.

RUSSETS Sold Prices

Land registry data shows three sales for RUSSETS 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. All of the three RUSSETS 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
2020 4 SEP	£256,500	£310,863	17% below HPI
2006 11 APR	£152,500	£194,827	22% below HPI
2003 12 DEC	£115,000	£167,035	31% below HPI

RUSSETS 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 RUSSETS sales between December 2003 and September 2020 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 April 2006 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the September 2020 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might RUSSETS be worth now?

RUSSETS might now be worth an estimated £302,589.

This is based on house price inflation of 18%, between September 2020 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 18% inflationary increase is applied to the most recent sale price for RUSSETS of £256,500 on 4th September 2020. For the value to have increased from £256,500 to £302,589 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of RUSSETS has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The September 2020 sale price of £256,500 represented a fair market value for the property.
• The size, condition, and specification of RUSSETS has not materially changed since September 2020.

How Large is RUSSETS?

RUSSETS is 102m², which includes two extensions, according to the EPC inspection conducted in May 2019. This puts it in the smallest 40% of detached houses houses in Stoke Ferry, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stoke Ferry, and where RUSSETS lies on this distribution: 39% of detached houses houses are smaller than RUSSETS, and 59% of houses are larger. Note that EPC data is not available for all properties in Stoke Ferry.

RUSSETS: Plot and Title Map

RUSSETS sits on a plot of roughly 0.215 of an acre, or 871m². The below map shows the location of RUSSETS, 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 RUSSETS). 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 RUSSETS?

RUSSETS is located on FURLONG DROVE in STOKE FERRY, in the PE33 postcode district. The below map shows the position of RUSSETS on FURLONG DROVE.