CHESTNUT COTTAGE, BIRCHFIELD ROAD, NORDELPH, DOWNHAM MARKET, PE38 0BP - £185,000

CHESTNUT COTTAGE is a very small extended detached house of 72m², built sometime between 1900 and 1929. It was last sold for £185,000 in September 2019, which was around 38% below the average September 2019 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was May 2018, where the current energy rating was F, and the potential energy rating was C.

CHESTNUT COTTAGE Sold Prices

Land registry data shows two sales for CHESTNUT COTTAGE 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 CHESTNUT COTTAGE sales were 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
2019 2 SEP	£185,000	£297,061	38% below HPI
2001 6 MAR	£76,250	£98,070	22% below HPI

CHESTNUT COTTAGE 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 CHESTNUT COTTAGE sales from March 2001 and September 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 March 2001 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the September 2019 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is CHESTNUT COTTAGE?

CHESTNUT COTTAGE is 72m², which includes one extension, according to the EPC inspection conducted in May 2018. This puts it in the smallest 10% of detached houses in Nordelph, based on EPC data. The below chart shows the distribution of detached houses by size in Nordelph, and where CHESTNUT COTTAGE lies on this distribution: Less than 1% of detached houses are smaller than CHESTNUT COTTAGE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Nordelph.

CHESTNUT COTTAGE: Plot and Title Map

CHESTNUT COTTAGE sits on a plot of roughly 0.089 of an acre, or 362m². The below map shows the location of CHESTNUT 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 CHESTNUT 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 CHESTNUT COTTAGE?

CHESTNUT COTTAGE is located on BIRCHFIELD ROAD in NORDELPH, in the PE38 postcode district. The below map shows the position of CHESTNUT COTTAGE on BIRCHFIELD ROAD.