15, CEDAR WAY, GAYTON, KING'S LYNN, PE32 1UT - £240,000

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

15 CEDAR WAY is a midsized extended detached house of 97m², built sometime between 1996 and 2002. It was last sold for £240,000 in May 2019, which was around 17% below the average May 2019 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was September 2014, where the current energy rating was E, and the potential energy rating was B.

15 CEDAR WAY Sold Prices

Land registry data shows three sales for 15 CEDAR WAY 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 15 CEDAR WAY 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
2019 10 MAY	£240,000	£290,649	17% below HPI
2013 21 JUN	£175,000	£206,112	15% below HPI
2003 12 DEC	£170,000	£162,543	5% above HPI

15 CEDAR 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 three 15 CEDAR WAY sales between December 2003 and May 2019 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 June 2013 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the May 2019 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 15 CEDAR WAY?

15 CEDAR WAY is 97m², which includes one extension, according to the EPC inspection conducted in September 2014. This puts it in the smallest 50% of detached houses in Gayton, based on EPC data. The below chart shows the distribution of detached houses by size in Gayton, and where 15 CEDAR WAY lies on this distribution: 42% of detached houses are smaller than 15 CEDAR WAY, and 56% of houses are larger. Note that EPC data is not available for all properties in Gayton.

15 CEDAR WAY: Plot and Title Map

15 CEDAR WAY sits on a plot of roughly 0.063 of an acre, or 253m². The below map shows the location of 15 CEDAR 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 15 CEDAR 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 15 CEDAR WAY?

15 CEDAR WAY is located in GAYTON, in the PE32 postcode district. The below map shows the position of No. 15 on CEDAR WAY.