THE COTTAGE, LYNN ROAD, STOKE FERRY, KING'S LYNN, PE33 9SW - £110,000

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

THE COTTAGE is a large extended detached house of 138m², built sometime before 1900. It was last sold for £110,000 in February 2009, which was around 41% below the average February 2009 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was October 2008, where the current energy rating was F, and the potential energy rating was F.

THE COTTAGE Sold Prices

Land registry data shows two sales for THE COTTAGE 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. Both of the two THE COTTAGE 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
2009 25 FEB	£110,000	£185,138	41% below HPI
1999 4 NOV	£31,000	£86,328	64% below HPI

THE 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 two THE COTTAGE sales from November 1999 and February 2009 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 November 1999 sale was for 64% below the HPI. So the extrapolation line tracks at 64% below the HPI over time, until the February 2009 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is THE COTTAGE?

THE COTTAGE is 138m², which includes one extension, according to the EPC inspection conducted in October 2008. This puts it in the largest 40% of detached houses in Stoke Ferry, based on EPC data. The below chart shows the distribution of detached houses by size in Stoke Ferry, and where THE COTTAGE lies on this distribution: 61% of detached houses are smaller than THE COTTAGE, and 39% of houses are larger. Note that EPC data is not available for all properties in Stoke Ferry.

THE COTTAGE: Plot and Title Map

THE COTTAGE sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of THE 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 THE 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 THE COTTAGE?

THE COTTAGE is located on LYNN ROAD in STOKE FERRY, in the PE33 postcode district. The below map shows the position of THE COTTAGE on LYNN ROAD.