THE HERMITAGE, LONDON STREET, BRANCASTER, KING'S LYNN, PE31 8AS - £880,000

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 HERMITAGE is a very large extended detached house of 199m², built sometime between 1900 and 1929. It was last sold for £880,000 in October 2019, which was around 199% above the average October 2019 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was March 2016, where the current energy rating was E, and the potential energy rating was B.

THE HERMITAGE Sold Prices

Land registry data shows two sales for THE HERMITAGE 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 HERMITAGE 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
2019 24 OCT	£880,000	£294,723	199% above HPI
2004 15 JUL	£495,000	£184,385	168% above HPI

THE HERMITAGE 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 HERMITAGE sales from July 2004 and October 2019 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 July 2004 sale was for 168% above the HPI. So the extrapolation line tracks at 168% above the HPI over time, until the October 2019 sale, where it rises to 199% above the HPI. The line then continues to track at 199% above the HPI.

How Large is THE HERMITAGE?

THE HERMITAGE is 199m², which includes one extension, according to the EPC inspection conducted in March 2016. This puts it in the largest 20% of detached houses in Brancaster, based on EPC data. The below chart shows the distribution of detached houses by size in Brancaster, and where THE HERMITAGE lies on this distribution: 83% of detached houses are smaller than THE HERMITAGE, and 17% of houses are larger. Note that EPC data is not available for all properties in Brancaster.

THE HERMITAGE: Plot and Title Map

THE HERMITAGE sits on a plot of roughly 0.152 of an acre, or 616m². The below map shows the location of THE HERMITAGE, 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 HERMITAGE). 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 HERMITAGE?

THE HERMITAGE is located on LONDON STREET in BRANCASTER, in the PE31 postcode district. The below map shows the position of THE HERMITAGE on LONDON STREET.