1, THE HOLLIES, CLENCHWARTON, KING'S LYNN, PE34 4DP - £210,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 THE HOLLIES is a very small detached house of 55m², built sometime between 1976 and 1982. It was last sold for £210,000 in October 2023, which was around 43% below the average October 2023 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was April 2023, where the current energy rating was E, and the potential energy rating was C.

1 THE HOLLIES Sold Prices

Land registry data shows three sales for 1 THE HOLLIES 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. All of the three 1 THE HOLLIES 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 11 OCT	£210,000	£369,606	43% below HPI
2003 17 JAN	£118,000	£145,445	19% below HPI
1997 19 JUN	£46,500	£66,822	30% below HPI

1 THE HOLLIES 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 1 THE HOLLIES sales between June 1997 and October 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 January 2003 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the October 2023 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 1 THE HOLLIES?

1 THE HOLLIES is 55m² according to the EPC inspection conducted in April 2023. This puts it in the smallest 10% of detached houses in Clenchwarton, based on EPC data. The below chart shows the distribution of detached houses by size in Clenchwarton, and where 1 THE HOLLIES lies on this distribution: Less than 1% of detached houses are smaller than 1 THE HOLLIES, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Clenchwarton.

1 THE HOLLIES: Plot and Title Map

1 THE HOLLIES sits on a plot of roughly 0.085 of an acre, or 344m². The below map shows the location of 1 THE HOLLIES, 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 THE HOLLIES). 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 THE HOLLIES?

1 THE HOLLIES is located in CLENCHWARTON, in the PE34 postcode district. The below map shows the position of No. 1 on THE HOLLIES.