PARSON COTTAGE, DOCKING ROAD, SEDGEFORD, HUNSTANTON, PE36 5LR - £420,000

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.

PARSON COTTAGE is a large detached house of 164m², built sometime before 1900, which could now be worth an estimated £511,786. It was last sold for £420,000 in July 2019, which was around 40% above the average July 2019 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was December 2018, where the current energy rating was F, and the potential energy rating was C.

PARSON COTTAGE Sold Prices

Land registry data shows two sales for PARSON 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 PARSON 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
2019 2 JUL	£420,000	£300,951	40% above HPI
2004 13 FEB	£260,000	£173,240	50% above HPI

PARSON 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 PARSON COTTAGE sales from February 2004 and July 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 February 2004 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the July 2019 sale, where it falls to 40% above the HPI. The line then continues to track at 40% above the HPI.

What might PARSON COTTAGE be worth now?

PARSON COTTAGE might now be worth an estimated £511,786.

This is based on house price inflation of 21.9%, between July 2019 and February 2025, for detached houses, in the King's Lynn and West Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 21.9% inflationary increase is applied to the most recent sale price for PARSON COTTAGE of £420,000 on 2nd July 2019. For the value to have increased from £420,000 to £511,786 over the six years and five months to February 2025, the following assumptions must hold true:

• The value of PARSON COTTAGE has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The July 2019 sale price of £420,000 represented a fair market value for the property.
• The size, condition, and specification of PARSON COTTAGE has not materially changed since July 2019.

How Large is PARSON COTTAGE?

PARSON COTTAGE is 164m² according to the EPC inspection conducted in December 2018. This puts it in the largest 30% of detached houses houses in Sedgeford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sedgeford, and where PARSON COTTAGE lies on this distribution: 73% of detached houses houses are smaller than PARSON COTTAGE, and 27% of houses are larger. Note that EPC data is not available for all properties in Sedgeford.

PARSON COTTAGE: Plot and Title Map

PARSON COTTAGE sits on a plot of roughly 0.269 of an acre, or 1,087m². The below map shows the location of PARSON 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 PARSON 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 PARSON COTTAGE?

PARSON COTTAGE is located on DOCKING ROAD in SEDGEFORD, in the PE36 postcode district. The below map shows the position of PARSON COTTAGE on DOCKING ROAD.