STONE PIT FARM, FLEGG GREEN, WEREHAM, KING'S LYNN, PE33 9BA - £360,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

STONE PIT FARM is a very large extended detached house of 190m², built sometime before 1900. It was last sold for £360,000 in November 2017, which was around 24% above the average November 2017 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was April 2016, where the current energy rating was F, and the potential energy rating was C.

STONE PIT FARM Sold Prices

Land registry data shows three sales for STONE PIT FARM 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 STONE PIT FARM 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
2017 23 NOV	£360,000	£289,752	24% above HPI
2002 1 AUG	£235,000	£136,280	72% above HPI
1997 20 AUG	£150,000	£65,753	128% above HPI

STONE PIT FARM 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 STONE PIT FARM sales between August 1997 and November 2017 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 August 2002 sale was for 72% above the HPI. So the extrapolation line tracks at 72% above the HPI over time, until the November 2017 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is STONE PIT FARM?

STONE PIT FARM is 190m², which includes two extensions, according to the EPC inspection conducted in April 2016. This puts it in the largest 20% of detached houses in Wereham, based on EPC data. The below chart shows the distribution of detached houses by size in Wereham, and where STONE PIT FARM lies on this distribution: 86% of detached houses are smaller than STONE PIT FARM, and 14% of houses are larger. Note that EPC data is not available for all properties in Wereham.

STONE PIT FARM: Plot and Title Map

STONE PIT FARM sits on a plot of roughly 0.412 of an acre, or 1,668m². The below map shows the location of STONE PIT FARM, 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 STONE PIT FARM). 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 STONE PIT FARM?

STONE PIT FARM is located on FLEGG GREEN in WEREHAM, in the PE33 postcode district. The below map shows the position of STONE PIT FARM on FLEGG GREEN.