STABLE COTTAGE, MALTHOUSE COURT, THORNHAM, HUNSTANTON, PE36 6NW - £370,000

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

STABLE COTTAGE is a very small extended detached house of 75m², built sometime before 1900. It was last sold for £370,000 in February 2021, which was around 18% above the average February 2021 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was October 2020, where the current energy rating was F, and the potential energy rating was D.

STABLE COTTAGE Sold Prices

Land registry data shows five sales for STABLE COTTAGE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the King's Lynn and West Norfolk local authority area for the corresponding sale date. Most of the five STABLE COTTAGE sales 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
2021 17 FEB	£370,000	£313,276	18% above HPI
2011 18 JAN	£220,000	£210,327	5% above HPI
2001 10 OCT	£122,000	£113,336	8% above HPI
1999 23 DEC	£75,500	£85,017	11% below HPI
1995 1 MAR	£60,000	£60,911	1% below HPI

STABLE 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 five STABLE COTTAGE sales between March 1995 and February 2021 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 January 2011 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the February 2021 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is STABLE COTTAGE?

STABLE COTTAGE is 75m², which includes one extension, according to the EPC inspection conducted in October 2020. This puts it in the smallest 10% of detached houses in Thornham, based on EPC data. The below chart shows the distribution of detached houses by size in Thornham, and where STABLE COTTAGE lies on this distribution: 7% of detached houses are smaller than STABLE COTTAGE, and 93% of houses are larger. Note that EPC data is not available for all properties in Thornham.

STABLE COTTAGE: Plot and Title Map

STABLE COTTAGE sits on a plot of roughly 0.011 of an acre, or 44m². The below map shows the location of STABLE 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 STABLE 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 STABLE COTTAGE?

STABLE COTTAGE is located on MALTHOUSE COURT in THORNHAM, in the PE36 postcode district. The below map shows the position of STABLE COTTAGE on MALTHOUSE COURT.