2, RAILWAY COTTAGES, STATION ROAD, DOCKING, KING'S LYNN, PE31 8LY - £280,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 RAILWAY COTTAGES is a very small extended terraced house of 47m², built sometime before 1900, which could now be worth an estimated £303,443. It was last sold for £280,000 in June 2021, which was around 55% above the average June 2021 terraced price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was January 2018, where the current energy rating was F, and the potential energy rating was D.

2 RAILWAY COTTAGES Sold Prices

Land registry data shows two sales for 2 RAILWAY COTTAGES since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the King's Lynn and West Norfolk local authority area for the corresponding sale date. One of the two 2 RAILWAY COTTAGES sales was for above the average price, whilst the other was 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
2021 14 JUN	£280,000	£180,927	55% above HPI
2018 23 NOV	£162,500	£163,926	1% below HPI

2 RAILWAY COTTAGES Price Paid vs. HPI Average

The below graph shows the average terraced house price in the King's Lynn and West Norfolk local authority area over time, sourced from the HPI. The two 2 RAILWAY COTTAGES sales from November 2018 and June 2021 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 2018 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the June 2021 sale, where it rises to 55% above the HPI. The line then continues to track at 55% above the HPI.

What might 2 RAILWAY COTTAGES be worth now?

2 RAILWAY COTTAGES might now be worth an estimated £303,443.

This is based on house price inflation of 8.4%, between June 2021 and August 2025, for terraced houses, in the King's Lynn and West Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 8.4% inflationary increase is applied to the most recent sale price for 2 RAILWAY COTTAGES of £280,000 on 14th June 2021. For the value to have increased from £280,000 to £303,443 over the three years and ten months to August 2025, the following assumptions must hold true:

• The value of 2 RAILWAY COTTAGES has moved in line with the HPI for terraced houses in the King's Lynn and West Norfolk local authority area.
• The June 2021 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 2 RAILWAY COTTAGES has not materially changed since June 2021.

How Large is 2 RAILWAY COTTAGES?

2 RAILWAY COTTAGES is 47m², which includes one extension, according to the EPC inspection conducted in January 2018. This puts it in the smallest 10% of terraced houses houses in Docking, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Docking, and where 2 RAILWAY COTTAGES lies on this distribution: 1% of terraced houses houses are smaller than 2 RAILWAY COTTAGES, and 99% of houses are larger. Note that EPC data is not available for all properties in Docking.

2 RAILWAY COTTAGES: Plot and Title Map

2 RAILWAY COTTAGES sits on a plot of roughly 0.035 of an acre, or 140m². The below map shows the location of 2 RAILWAY COTTAGES, 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 2 RAILWAY COTTAGES). 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 2 RAILWAY COTTAGES?

2 RAILWAY COTTAGES is located on STATION ROAD in DOCKING, in the PE31 postcode district. The below map shows the position of 2 RAILWAY COTTAGES on STATION ROAD.