THE OLD OAK, THE STREET, MILEHAM, KING'S LYNN, PE32 2RB - £750,000

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 OLD OAK is a very large extended detached house of 327m², built sometime between 1900 and 1929. It was last sold for £750,000 in March 2024, which was around 108% above the average March 2024 detached price in the Breckland local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was C.

THE OLD OAK Sold Prices

Land registry data shows four sales for THE OLD OAK since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. All of the four THE OLD OAK 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
2024 12 MAR	£750,000	£359,959	108% above HPI
2007 3 JUL	£412,500	£231,363	78% above HPI
1999 18 FEB	£162,000	£78,714	106% above HPI
1995 27 JAN	£143,000	£67,193	113% above HPI

THE OLD OAK 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 four THE OLD OAK sales between January 1995 and March 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 July 2007 sale was for 78% above the HPI. So the extrapolation line tracks at 78% above the HPI over time, until the March 2024 sale, where it rises to 108% above the HPI. The line then continues to track at 108% above the HPI.

How Large is THE OLD OAK?

THE OLD OAK is 327m², which includes one extension, according to the EPC inspection conducted in February 2023. This puts it in the largest 10% 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 OLD OAK lies on this distribution: 99% of detached houses are smaller than THE OLD OAK, and 1% of houses are larger. Note that EPC data is not available for all properties in Mileham.

THE OLD OAK: Plot and Title Map

THE OLD OAK sits on a plot of roughly 0.572 of an acre, or 2,314m². The below map shows the location of THE OLD OAK, 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 OLD OAK). 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 OLD OAK?

THE OLD OAK is located on THE STREET in MILEHAM, in the PE32 postcode district. The below map shows the position of THE OLD OAK on THE STREET.