SCOLT, PLOUGHMANS PIECE, THORNHAM, HUNSTANTON, PE36 6NE - £395,000

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

SCOLT is a very small detached house of 89m², built sometime between 1976 and 1982. It was last sold for £395,000 in February 2012, which was around 97% above the average February 2012 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was C.

SCOLT Sold Prices

Land registry data shows two sales for SCOLT 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 SCOLT 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
2012 24 FEB	£395,000	£200,865	97% above HPI
2006 11 JUL	£139,500	£200,350	30% below HPI

SCOLT 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 SCOLT sales from July 2006 and February 2012 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 July 2006 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the February 2012 sale, where it rises to 97% above the HPI. The line then continues to track at 97% above the HPI.

How Large is SCOLT?

SCOLT is 89m² according to the EPC inspection conducted in September 2011. This puts it in the smallest 20% of detached houses in Thornham, based on EPC data. The below chart shows the distribution of detached houses by size in Thornham, and where SCOLT lies on this distribution: 12% of detached houses are smaller than SCOLT, and 88% of houses are larger. Note that EPC data is not available for all properties in Thornham.

SCOLT: Plot and Title Map

SCOLT sits on a plot of roughly 0.254 of an acre, or 1,026m². The below map shows the location of SCOLT, 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 SCOLT). 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 SCOLT?

SCOLT is located on PLOUGHMANS PIECE in THORNHAM, in the PE36 postcode district. The below map shows the position of SCOLT on PLOUGHMANS PIECE.