THE LIGHT HOUSE, CROSS LANE, BRANCASTER, KING'S LYNN, PE31 8AE - £300,000

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 LIGHT HOUSE is a very large detached house of 278m². It was last sold for £300,000 in September 2002, which was around 114% above the average September 2002 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was July 2012, where the current energy rating was C, and the potential energy rating was C.

THE LIGHT HOUSE Sold Prices

Land registry data shows two sales for THE LIGHT HOUSE 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 LIGHT HOUSE 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
2002 16 SEP	£300,000	£140,185	114% above HPI
1997 29 AUG	£110,000	£65,753	67% above HPI

THE LIGHT HOUSE 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 LIGHT HOUSE sales from August 1997 and September 2002 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 1997 sale was for 67% above the HPI. So the extrapolation line tracks at 67% above the HPI over time, until the September 2002 sale, where it rises to 114% above the HPI. The line then continues to track at 114% above the HPI.

How Large is THE LIGHT HOUSE?

THE LIGHT HOUSE is 278m² according to the EPC inspection conducted in July 2012. This puts it in the largest 10% 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 LIGHT HOUSE lies on this distribution: 96% of detached houses are smaller than THE LIGHT HOUSE, and 4% of houses are larger. Note that EPC data is not available for all properties in Brancaster.

THE LIGHT HOUSE: Plot and Title Map

THE LIGHT HOUSE sits on a plot of roughly 0.421 of an acre, or 1,704m². The below map shows the location of THE LIGHT HOUSE, 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 LIGHT HOUSE). 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 LIGHT HOUSE?

THE LIGHT HOUSE is located on CROSS LANE in BRANCASTER, in the PE31 postcode district. The below map shows the position of THE LIGHT HOUSE on CROSS LANE.