THE COTTAGE, THE STREET, MILEHAM, KING'S LYNN, PE32 2RA - £395,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

THE COTTAGE is a large extended semi-detached house of 123m², built sometime before 1900. It was last sold for £395,000 in September 2024, which was around 10% above the average September 2024 detached price in the Breckland local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was A.

THE COTTAGE Sold Prices

Land registry data shows five sales for THE 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 Breckland local authority area for the corresponding sale date. The five THE COTTAGE sales were a mix of above the average price, roughly equal to the average price, and 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
2024 11 SEP	£395,000	£358,859	10% above HPI
2022 4 FEB	£375,000	£359,241	4% above HPI
2020 24 JUN	£290,000	£289,969	Close to HPI
2017 1 SEP	£190,000	£291,914	35% below HPI
2000 19 MAY	£89,950	£96,036	6% below HPI

THE COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Breckland local authority area over time, sourced from the HPI. The five THE COTTAGE sales between May 2000 and September 2024 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 February 2022 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the September 2024 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is THE COTTAGE?

THE COTTAGE is 123m², which includes one extension, according to the EPC inspection conducted in September 2022. This puts it in the largest 40% of detached houses in Mileham, based on EPC data. The below chart shows the distribution of detached houses by size in Mileham, and where THE COTTAGE lies on this distribution: 63% of detached houses are smaller than THE COTTAGE, and 36% of houses are larger. Note that EPC data is not available for all properties in Mileham.

THE COTTAGE: Plot and Title Map

THE COTTAGE sits on a plot of roughly 0.195 of an acre, or 787m². 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 THE STREET in MILEHAM, in the PE32 postcode district. The below map shows the position of THE COTTAGE on THE STREET.