1, MILLERS LANE, WIMBOTSHAM, KING'S LYNN, PE34 3QF - £250,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 MILLERS LANE is a very small detached house of 71m², built sometime between 1930 and 1949. It was last sold for £250,000 in December 2023, which was around 30% below the average December 2023 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

1 MILLERS LANE Sold Prices

Land registry data shows two sales for 1 MILLERS LANE 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 1 MILLERS LANE sales were for below 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
2023 8 DEC	£250,000	£355,548	30% below HPI
2014 2 JUL	£170,000	£223,815	24% below HPI

1 MILLERS LANE 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 1 MILLERS LANE sales from July 2014 and December 2023 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 2014 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the December 2023 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 1 MILLERS LANE?

1 MILLERS LANE is 71m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 10% of detached houses in Wimbotsham, based on EPC data. The below chart shows the distribution of detached houses by size in Wimbotsham, and where 1 MILLERS LANE lies on this distribution: 8% of detached houses are smaller than 1 MILLERS LANE, and 92% of houses are larger. Note that EPC data is not available for all properties in Wimbotsham.

1 MILLERS LANE: Plot and Title Map

1 MILLERS LANE sits on a plot of roughly 0.164 of an acre, or 664m². The below map shows the location of 1 MILLERS LANE, 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 1 MILLERS LANE). 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 1 MILLERS LANE?

1 MILLERS LANE is located in WIMBOTSHAM, in the PE34 postcode district. The below map shows the position of No. 1 on MILLERS LANE.