OLD FARMHOUSE, THE STREET, GOODERSTONE, KING'S LYNN, PE33 9BP - £445,000

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.

OLD FARMHOUSE is a very large extended detached house of 262m², built sometime before 1900, which could now be worth an estimated £705,684. It was last sold for £445,000 in August 2014, which was around 91% above the average August 2014 detached price in the Breckland local authority area. The most recent EPC inspection was August 2013, where the current energy rating was E, and the potential energy rating was D.

OLD FARMHOUSE Sold Prices

Land registry data shows four sales for OLD FARMHOUSE 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 OLD FARMHOUSE 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
2014 1 AUG	£445,000	£233,591	91% above HPI
2007 21 FEB	£424,000	£215,470	97% above HPI
2000 4 FEB	£173,000	£97,053	78% above HPI
1997 20 JAN	£90,000	£69,327	30% above HPI

OLD FARMHOUSE 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 OLD FARMHOUSE sales between January 1997 and August 2014 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 February 2007 sale was for 97% above the HPI. So the extrapolation line tracks at 97% above the HPI over time, until the August 2014 sale, where it falls to 91% above the HPI. The line then continues to track at 91% above the HPI.

What might OLD FARMHOUSE be worth now?

OLD FARMHOUSE might now be worth an estimated £705,684.

This is based on house price inflation of 58.6%, between August 2014 and February 2025, for detached houses, in the Breckland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 58.6% inflationary increase is applied to the most recent sale price for OLD FARMHOUSE of £445,000 on 1st August 2014. For the value to have increased from £445,000 to £705,684 over the eleven years and six months to February 2025, the following assumptions must hold true:

• The value of OLD FARMHOUSE has moved in line with the HPI for detached houses in the Breckland local authority area.
• The August 2014 sale price of £445,000 represented a fair market value for the property.
• The size, condition, and specification of OLD FARMHOUSE has not materially changed since August 2014.

How Large is OLD FARMHOUSE?

OLD FARMHOUSE is 262m², which includes two extensions, according to the EPC inspection conducted in August 2013. This puts it in the largest 10% of detached houses houses in Gooderstone, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gooderstone, and where OLD FARMHOUSE lies on this distribution: 94% of detached houses houses are smaller than OLD FARMHOUSE, and 6% of houses are larger. Note that EPC data is not available for all properties in Gooderstone.

OLD FARMHOUSE: Plot and Title Map

OLD FARMHOUSE sits on a plot of roughly 0.491 of an acre, or 1,985m². The below map shows the location of OLD FARMHOUSE, 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 OLD FARMHOUSE). 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 OLD FARMHOUSE?

OLD FARMHOUSE is located on THE STREET in GOODERSTONE, in the PE33 postcode district. The below map shows the position of OLD FARMHOUSE on THE STREET.