PAEONY COTTAGE, FELTWELL ROAD, SOUTHERY, DOWNHAM MARKET, PE38 0NS - £282,500

PAEONY COTTAGE is a small detached house of 95m², built sometime between 1983 and 1990. It was last sold for £282,500 in December 2020, which was around 11% below the average December 2020 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was C.

PAEONY COTTAGE Sold Prices

Land registry data shows three sales for PAEONY COTTAGE since 1^st January 1995. The below table shows the price paid for the three 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 three PAEONY 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
2020 3 DEC	£282,500	£316,520	11% below HPI
2016 12 JAN	£202,500	£246,264	18% below HPI
2007 1 OCT	£202,000	£220,309	8% below HPI

PAEONY 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 three PAEONY COTTAGE sales between October 2007 and December 2020 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 January 2016 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the December 2020 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is PAEONY COTTAGE?

PAEONY COTTAGE is 95m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 40% of detached houses in Southery, based on EPC data. The below chart shows the distribution of detached houses by size in Southery, and where PAEONY COTTAGE lies on this distribution: 35% of detached houses are smaller than PAEONY COTTAGE, and 65% of houses are larger. Note that EPC data is not available for all properties in Southery.

PAEONY COTTAGE: Plot and Title Map

PAEONY COTTAGE sits on a plot of roughly 0.166 of an acre, or 673m². The below map shows the location of PAEONY 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 PAEONY 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 PAEONY COTTAGE?

PAEONY COTTAGE is located on FELTWELL ROAD in SOUTHERY, in the PE38 postcode district. The below map shows the position of PAEONY COTTAGE on FELTWELL ROAD.