MULBERRY COTTAGE, BACK LANE, WEREHAM, KING'S LYNN, PE33 9BB - £280,000

MULBERRY COTTAGE is a very small extended detached house of 99m², built sometime between 1996 and 2002. It was last sold for £280,000 in August 2021, which was around 14% below the average August 2021 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was November 2008, where the current energy rating was D, and the potential energy rating was D.

MULBERRY COTTAGE Sold Prices

Land registry data shows two sales for MULBERRY 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. One of the two MULBERRY COTTAGE sales was for below the average price, whilst the other was 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 10 AUG	£280,000	£326,190	14% below HPI
1999 19 NOV	£89,500	£86,328	4% above HPI

MULBERRY 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 MULBERRY COTTAGE sales from November 1999 and August 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 1999 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the August 2021 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is MULBERRY COTTAGE?

MULBERRY COTTAGE is 99m², which includes one extension, according to the EPC inspection conducted in November 2008. This puts it in the smallest 20% of detached houses in Wereham, based on EPC data. The below chart shows the distribution of detached houses by size in Wereham, and where MULBERRY COTTAGE lies on this distribution: 14% of detached houses are smaller than MULBERRY COTTAGE, and 86% of houses are larger. Note that EPC data is not available for all properties in Wereham.

MULBERRY COTTAGE: Plot and Title Map

MULBERRY COTTAGE sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of MULBERRY 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 MULBERRY 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 MULBERRY COTTAGE?

MULBERRY COTTAGE is located on BACK LANE in WEREHAM, in the PE33 postcode district. The below map shows the position of MULBERRY COTTAGE on BACK LANE.