Paddock Cottage Home Farm Lane

    PADDOCK COTTAGE, HOME FARM LANE, MERTON, THETFORD, IP25 6QS

    This detached freehold property on Home Farm Lane last sold in May 2017 for £510,000. Based on price growth in the IP25 district since then, its estimated current value is £646,139 — placing it in the 88th percentile nationally and the 97th percentile within IP25. The property covers 237 m² (2,551 sq ft), giving an estimated value of £2,726 per m². The EPC rating is F, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    2,551 sq ft

    237 m²

    Last Sale Price

    £510,000

    May 2017

    Estimated Valuation

    £646,139

    Est. £/sq ft

    £253/sq ft

    £2,726/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: before 1900
    Habitable rooms8
    Main fueloil (not community)
    EPC currentF
    EPC potentialC
    Floor area2,551 sq ft (237 m²)
    EPC dateOct 2016
    WallsTimber frame, as built, no insulation (assumed)
    HeatingBoiler and radiators, oil

    Transaction History

    4 May 2017

    £510,000

    19 Dec 2007

    £450,000

    6 Apr 2004

    £250,000

    Key Metrics

    Estimated valuation£646,139
    Value per sq ft / m²£253/sq ft (£2,726/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IP25 district percentile97th percentile
    National percentile88th percentile

    District Context — IP25

    IP25 covers rural central Norfolk, situated between Norwich and King's Lynn in the heart of the county. The district is characterised by countryside villages and small market towns, appealing to those seeking a quieter, agricultural setting.

    Average Property Price - IP25

    £272,049

    34

    National percentile

    Average Net Household Income - IP25

    £36,052

    38

    National percentile

    10-Year Annualised Price Growth - IP25

    3.3%

    40

    National percentile

    10-Year Annualised Rent Growth - IP

    4.3%

    76

    National percentile

    View full analysis for IP25

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