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

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.

STONE PIT FARM is a very large extended detached house of 190m², built sometime before 1900, which could now be worth an estimated £443,376. It was last sold for £360,000 in November 2017, which was around 21% 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	£297,759	21% above HPI
2002 1 AUG	£235,000	£140,046	68% above HPI
1997 20 AUG	£150,000	£67,570	122% 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 68% above the HPI. So the extrapolation line tracks at 68% above the HPI over time, until the November 2017 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might STONE PIT FARM be worth now?

STONE PIT FARM might now be worth an estimated £443,376.

This is based on house price inflation of 23.2%, between November 2017 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 23.2% inflationary increase is applied to the most recent sale price for STONE PIT FARM of £360,000 on 23rd November 2017. For the value to have increased from £360,000 to £443,376 over the eight years and nine months to February 2025, the following assumptions must hold true:

• The value of STONE PIT FARM has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The November 2017 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of STONE PIT FARM has not materially changed since November 2017.

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 houses in Wereham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wereham, and where STONE PIT FARM lies on this distribution: 84% of detached houses houses are smaller than STONE PIT FARM, and 16% 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.