LILAC COTTAGE, LOW ROAD, WRETTON, KING'S LYNN, PE33 9QN - £395,000

LILAC COTTAGE is a midsized detached house of 129m², built sometime between 1983 and 1990. It was last sold for £395,000 in May 2021, which was around 25% above the average May 2021 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 E, and the potential energy rating was C.

LILAC COTTAGE Sold Prices

Land registry data shows four sales for LILAC COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the King's Lynn and West Norfolk local authority area for the corresponding sale date. All of the four LILAC COTTAGE 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
2021 19 MAY	£395,000	£315,796	25% above HPI
2018 14 SEP	£333,000	£298,456	12% above HPI
2000 14 JUN	£119,950	£92,384	30% above HPI
1996 16 SEP	£79,950	£63,790	25% above HPI

LILAC 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 four LILAC COTTAGE sales between September 1996 and May 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 September 2018 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the May 2021 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is LILAC COTTAGE?

LILAC COTTAGE is 129m² according to the EPC inspection conducted in May 2018. This puts it in the smallest 50% of detached houses in Wretton, based on EPC data. The below chart shows the distribution of detached houses by size in Wretton, and where LILAC COTTAGE lies on this distribution: 41% of detached houses are smaller than LILAC COTTAGE, and 59% of houses are larger. Note that EPC data is not available for all properties in Wretton.

LILAC COTTAGE: Plot and Title Map

LILAC COTTAGE sits on a plot of roughly 0.162 of an acre, or 654m². The below map shows the location of LILAC 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 LILAC 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 LILAC COTTAGE?

LILAC COTTAGE is located on LOW ROAD in WRETTON, in the PE33 postcode district. The below map shows the position of LILAC COTTAGE on LOW ROAD.