10, PAKENHAM DRIVE, DERSINGHAM, KING'S LYNN, PE31 6WU - £300,000

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.

10 PAKENHAM DRIVE is a very large extended detached house of 136m², built sometime between 2003 and 2006, which could now be worth an estimated £341,737. It was last sold for £300,000 in February 2021, which was around 7% below the average February 2021 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was December 2018, where the current energy rating was C, and the potential energy rating was B.

10 PAKENHAM DRIVE Sold Prices

Land registry data shows three sales for 10 PAKENHAM DRIVE 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 10 PAKENHAM DRIVE 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
2021 5 FEB	£300,000	£321,932	7% below HPI
2006 4 DEC	£198,000	£214,881	8% below HPI
2003 14 MAR	£150,000	£147,744	2% above HPI

10 PAKENHAM DRIVE 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 10 PAKENHAM DRIVE sales between March 2003 and February 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 December 2006 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the February 2021 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 10 PAKENHAM DRIVE be worth now?

10 PAKENHAM DRIVE might now be worth an estimated £341,737.

This is based on house price inflation of 13.9%, between February 2021 and February 2025, for 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 13.9% inflationary increase is applied to the most recent sale price for 10 PAKENHAM DRIVE of £300,000 on 5th February 2021. For the value to have increased from £300,000 to £341,737 over the four years to February 2025, the following assumptions must hold true:

• The value of 10 PAKENHAM DRIVE has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The February 2021 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 10 PAKENHAM DRIVE has not materially changed since February 2021.

How Large is 10 PAKENHAM DRIVE?

10 PAKENHAM DRIVE is 136m², which includes two extensions, according to the EPC inspection conducted in December 2018. This puts it in the largest 20% of detached houses houses in Dersingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Dersingham, and where 10 PAKENHAM DRIVE lies on this distribution: 85% of detached houses houses are smaller than 10 PAKENHAM DRIVE, and 15% of houses are larger. Note that EPC data is not available for all properties in Dersingham.

10 PAKENHAM DRIVE: Plot and Title Map

10 PAKENHAM DRIVE sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 10 PAKENHAM DRIVE, 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 10 PAKENHAM DRIVE). 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 10 PAKENHAM DRIVE?

10 PAKENHAM DRIVE is located in DERSINGHAM, in the PE31 postcode district. The below map shows the position of No. 10 on PAKENHAM DRIVE.