12, THE HOLLIES, CLENCHWARTON, KING'S LYNN, PE34 4DP - £260,000

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

12 THE HOLLIES is a very small detached house of 67m², built sometime between 1991 and 1995. It was last sold for £260,000 in February 2022, which was around 25% below the average February 2022 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was May 2019, where the current energy rating was E, and the potential energy rating was B.

12 THE HOLLIES Sold Prices

Land registry data shows two sales for 12 THE HOLLIES 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 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
2022 25 FEB	£260,000	£344,811	25% below HPI
2002 22 AUG	£114,500	£136,280	16% below HPI

12 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 two 12 THE HOLLIES sales from August 2002 and February 2022 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 2002 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the February 2022 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 12 THE HOLLIES?

12 THE HOLLIES is 67m² according to the EPC inspection conducted in May 2019. 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 12 THE HOLLIES lies on this distribution: 10% of detached houses are smaller than 12 THE HOLLIES, and 90% of houses are larger. Note that EPC data is not available for all properties in Clenchwarton.

12 THE HOLLIES: Plot and Title Map

12 THE HOLLIES sits on a plot of roughly 0.065 of an acre, or 265m². The below map shows the location of 12 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 12 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 12 THE HOLLIES?

12 THE HOLLIES is located in CLENCHWARTON, in the PE34 postcode district. The below map shows the position of No. 12 on THE HOLLIES.