SAMBEA COTTAGE, BACK LANE, SOUTH CREAKE, FAKENHAM, NR21 9PP - £455,000

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.

SAMBEA COTTAGE is a midsized extended detached house of 114m², built sometime from 2007 onwards, which could now be worth an estimated £630,351. It was last sold for £455,000 in March 2016, which was around 73% above the average March 2016 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was November 2015, where the current energy rating was C, and the potential energy rating was B.

SAMBEA COTTAGE Sold Prices

Land registry data shows two sales for SAMBEA 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 SAMBEA 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
2016 23 MAR	£455,000	£262,528	73% above HPI
2010 22 OCT	£244,000	£213,059	15% above HPI

SAMBEA 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 SAMBEA COTTAGE sales from October 2010 and March 2016 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 October 2010 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the March 2016 sale, where it rises to 73% above the HPI. The line then continues to track at 73% above the HPI.

What might SAMBEA COTTAGE be worth now?

SAMBEA COTTAGE might now be worth an estimated £630,351.

This is based on house price inflation of 38.5%, between March 2016 and March 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 38.5% inflationary increase is applied to the most recent sale price for SAMBEA COTTAGE of £455,000 on 23rd March 2016. For the value to have increased from £455,000 to £630,351 over the nine years to March 2025, the following assumptions must hold true:

• The value of SAMBEA COTTAGE has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The March 2016 sale price of £455,000 represented a fair market value for the property.
• The size, condition, and specification of SAMBEA COTTAGE has not materially changed since March 2016.

How Large is SAMBEA COTTAGE?

SAMBEA COTTAGE is 114m², which includes two extensions, according to the EPC inspection conducted in November 2015. This puts it in the smallest 50% of detached houses houses in South Creake, based on EPC data. The below chart shows the distribution of detached houses houses by size in South Creake, and where SAMBEA COTTAGE lies on this distribution: 44% of detached houses houses are smaller than SAMBEA COTTAGE, and 56% of houses are larger. Note that EPC data is not available for all properties in South Creake.

SAMBEA COTTAGE: Plot and Title Map

SAMBEA COTTAGE sits on a plot of roughly 0.133 of an acre, or 537m². The below map shows the location of SAMBEA 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 SAMBEA 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 SAMBEA COTTAGE?

SAMBEA COTTAGE is located on BACK LANE in SOUTH CREAKE, in the NR21 postcode district. The below map shows the position of SAMBEA COTTAGE on BACK LANE.