11, GRIMSTON ROAD, GAYTON, KING'S LYNN, PE32 1QA - £185,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

11 GRIMSTON ROAD is a very small extended detached house of 72m², built sometime between 1983 and 1990. It was last sold for £185,000 in November 2023, which was around 50% below the average November 2023 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was March 2023, where the current energy rating was E, and the potential energy rating was C.

11 GRIMSTON ROAD Sold Prices

Land registry data shows two sales for 11 GRIMSTON ROAD 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 11 GRIMSTON ROAD 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 29 NOV	£185,000	£366,747	50% below HPI
2001 22 OCT	£79,000	£113,336	30% below HPI

11 GRIMSTON ROAD 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 11 GRIMSTON ROAD sales from October 2001 and November 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 October 2001 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the November 2023 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.

How Large is 11 GRIMSTON ROAD?

11 GRIMSTON ROAD is 72m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the smallest 20% of detached houses in Gayton, based on EPC data. The below chart shows the distribution of detached houses by size in Gayton, and where 11 GRIMSTON ROAD lies on this distribution: 20% of detached houses are smaller than 11 GRIMSTON ROAD, and 79% of houses are larger. Note that EPC data is not available for all properties in Gayton.

11 GRIMSTON ROAD: Plot and Title Map

11 GRIMSTON ROAD sits on a plot of roughly 0.060 of an acre, or 244m². The below map shows the location of 11 GRIMSTON ROAD, 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 11 GRIMSTON ROAD). 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 11 GRIMSTON ROAD?

11 GRIMSTON ROAD is located in GAYTON, in the PE32 postcode district. The below map shows the position of No. 11 on GRIMSTON ROAD.