THE COTTAGES, NEWTON ROAD, CASTLE ACRE, KING'S LYNN, PE32 2AX - £247,500

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.

THE COTTAGES is a small extended semi-detached house of 100m², built sometime before 1900, which could now be worth an estimated £282,942. It was last sold for £247,500 in March 2021, which was around 16% above the average March 2021 semi-detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was April 2013, where the current energy rating was E, and the potential energy rating was B.

THE COTTAGES Sold Prices

Land registry data shows five sales for THE COTTAGES since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the King's Lynn and West Norfolk local authority area for the corresponding sale date. All of the five THE COTTAGES 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
2021 19 MAR	£247,500	£213,841	16% above HPI
2017 23 JAN	£238,000	£177,741	34% above HPI
2013 25 NOV	£212,000	£141,421	50% above HPI
2002 20 DEC	£145,250	£93,246	56% above HPI
1996 4 APR	£60,000	£37,488	60% above HPI

THE COTTAGES Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the King's Lynn and West Norfolk local authority area over time, sourced from the HPI. The five THE COTTAGES sales between April 1996 and March 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 January 2017 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the March 2021 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might THE COTTAGES be worth now?

THE COTTAGES might now be worth an estimated £282,942.

This is based on house price inflation of 14.3%, between March 2021 and February 2025, for semi-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 14.3% inflationary increase is applied to the most recent sale price for THE COTTAGES of £247,500 on 19th March 2021. For the value to have increased from £247,500 to £282,942 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of THE COTTAGES has moved in line with the HPI for semi-detached houses in the King's Lynn and West Norfolk local authority area.
• The March 2021 sale price of £247,500 represented a fair market value for the property.
• The size, condition, and specification of THE COTTAGES has not materially changed since March 2021.

How Large is THE COTTAGES?

THE COTTAGES is 100m², which includes three extensions, according to the EPC inspection conducted in April 2013. This puts it in the smallest 30% of semi-detached houses houses in Castle Acre, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Castle Acre, and where THE COTTAGES lies on this distribution: 24% of semi-detached houses houses are smaller than THE COTTAGES, and 76% of houses are larger. Note that EPC data is not available for all properties in Castle Acre.

THE COTTAGES: Plot and Title Map

THE COTTAGES sits on a plot of roughly 0.101 of an acre, or 407m². The below map shows the location of THE COTTAGES, 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 THE COTTAGES). 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 THE COTTAGES?

THE COTTAGES is located on NEWTON ROAD in CASTLE ACRE, in the PE32 postcode district. The below map shows the position of THE COTTAGES on NEWTON ROAD.