THE SATCHET, THE STREET, MARHAM, KING'S LYNN, PE33 9JP - £245,000

THE SATCHET is a large detached house of 139m², built sometime before 1900. It was last sold for £245,000 in July 2017, which was around 12% below the average July 2017 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 D, and the potential energy rating was B.

THE SATCHET Sold Prices

Land registry data shows three sales for THE SATCHET 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. Two of the three THE SATCHET sales were for below the average price, whilst one was 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
2017 31 JUL	£245,000	£278,281	12% below HPI
2013 15 JUL	£207,500	£206,205	1% above HPI
2007 2 FEB	£153,000	£203,427	25% below HPI

THE SATCHET 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 THE SATCHET sales between February 2007 and July 2017 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 July 2013 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the July 2017 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is THE SATCHET?

THE SATCHET is 139m² according to the EPC inspection conducted in April 2013. This puts it in the largest 30% of detached houses in Marham, based on EPC data. The below chart shows the distribution of detached houses by size in Marham, and where THE SATCHET lies on this distribution: 74% of detached houses are smaller than THE SATCHET, and 26% of houses are larger. Note that EPC data is not available for all properties in Marham.

THE SATCHET: Plot and Title Map

THE SATCHET sits on a plot of roughly 0.126 of an acre, or 511m². The below map shows the location of THE SATCHET, 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 SATCHET). 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 SATCHET?

THE SATCHET is located on THE STREET in MARHAM, in the PE33 postcode district. The below map shows the position of THE SATCHET on THE STREET.