12, NEW ROAD, NORTH RUNCTON, KING'S LYNN, PE33 0RA - £295,000

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.

12 NEW ROAD is a large extended detached house of 209m², built sometime between 1967 and 1975, which could now be worth an estimated £525,448. It was last sold for £295,000 in July 2006, which was around 43% above the average July 2006 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was January 2017, where the current energy rating was F, and the potential energy rating was D.

12 NEW ROAD Sold Prices

Land registry data shows two sales for 12 NEW 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 12 NEW ROAD sales were 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
2006 21 JUL	£295,000	£205,886	43% above HPI
1996 17 DEC	£72,500	£64,074	13% above HPI

12 NEW 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 12 NEW ROAD sales from December 1996 and July 2006 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 1996 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the July 2006 sale, where it rises to 43% above the HPI. The line then continues to track at 43% above the HPI.

What might 12 NEW ROAD be worth now?

12 NEW ROAD might now be worth an estimated £525,448.

This is based on house price inflation of 78.1%, between July 2006 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 78.1% inflationary increase is applied to the most recent sale price for 12 NEW ROAD of £295,000 on 21st July 2006. For the value to have increased from £295,000 to £525,448 over the nineteen years and five months to February 2025, the following assumptions must hold true:

• The value of 12 NEW ROAD has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The July 2006 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 12 NEW ROAD has not materially changed since July 2006.

How Large is 12 NEW ROAD?

12 NEW ROAD is 209m², which includes two extensions, according to the EPC inspection conducted in January 2017. This puts it in the largest 30% of detached houses houses in North Runcton, based on EPC data. The below chart shows the distribution of detached houses houses by size in North Runcton, and where 12 NEW ROAD lies on this distribution: 76% of detached houses houses are smaller than 12 NEW ROAD, and 23% of houses are larger. Note that EPC data is not available for all properties in North Runcton.

12 NEW ROAD: Plot and Title Map

12 NEW ROAD sits on a plot of roughly 0.218 of an acre, or 883m². The below map shows the location of 12 NEW 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 12 NEW 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 12 NEW ROAD?

12 NEW ROAD is located in NORTH RUNCTON, in the PE33 postcode district. The below map shows the position of No. 12 on NEW ROAD.