12, LANCASTER WAY, EAST WINCH, KING'S LYNN, PE32 1NY - £230,000

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

12 LANCASTER WAY is a small detached house of 86m², built sometime between 1996 and 2002. It was last sold for £230,000 in August 2021, which was around 28% below the average August 2021 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.

12 LANCASTER WAY Sold Prices

Land registry data shows six sales for 12 LANCASTER WAY since 1^st January 1995. The below table shows the price paid for the six 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 six 12 LANCASTER WAY 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
2021 27 AUG	£230,000	£317,860	28% below HPI
2015 20 AUG	£150,000	£240,979	38% below HPI
2006 8 DEC	£165,000	£209,103	21% below HPI
2002 16 DEC	£106,500	£145,148	27% below HPI
2002 7 MAY	£91,500	£122,014	25% below HPI
1997 4 APR	£57,300	£68,384	16% below HPI

12 LANCASTER WAY 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 six 12 LANCASTER WAY sales between April 1997 and August 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 August 2015 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the August 2021 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 12 LANCASTER WAY?

12 LANCASTER WAY is 86m² according to the EPC inspection conducted in July 2015. This puts it in the smallest 30% of detached houses in East Winch, based on EPC data. The below chart shows the distribution of detached houses by size in East Winch, and where 12 LANCASTER WAY lies on this distribution: 24% of detached houses are smaller than 12 LANCASTER WAY, and 72% of houses are larger. Note that EPC data is not available for all properties in East Winch.

12 LANCASTER WAY: Plot and Title Map

12 LANCASTER WAY sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of 12 LANCASTER WAY, 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 12 LANCASTER WAY). 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 12 LANCASTER WAY?

12 LANCASTER WAY is located in EAST WINCH, in the PE32 postcode district. The below map shows the position of No. 12 on LANCASTER WAY.