16, GRAVEL HILL LANE, WEST WINCH, KING'S LYNN, PE33 0QG - £215,000

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

16 GRAVEL HILL LANE is a small detached house of 94m², built sometime between 1967 and 1975. It was last sold for £215,000 in September 2020, which was around 29% below the average September 2020 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was May 2014, where the current energy rating was C, and the potential energy rating was B.

16 GRAVEL HILL LANE Sold Prices

Land registry data shows three sales for 16 GRAVEL HILL LANE 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 16 GRAVEL HILL LANE 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
2020 18 SEP	£215,000	£302,504	29% below HPI
2002 27 FEB	£23,664	£121,973	81% below HPI
1997 1 AUG	£66,500	£65,753	1% above HPI

16 GRAVEL HILL LANE 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 16 GRAVEL HILL LANE sales between August 1997 and September 2020 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 February 2002 sale was for 81% below the HPI. So the extrapolation line tracks at 81% below the HPI over time, until the September 2020 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 16 GRAVEL HILL LANE?

16 GRAVEL HILL LANE is 94m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 30% of detached houses in West Winch, based on EPC data. The below chart shows the distribution of detached houses by size in West Winch, and where 16 GRAVEL HILL LANE lies on this distribution: 25% of detached houses are smaller than 16 GRAVEL HILL LANE, and 74% of houses are larger. Note that EPC data is not available for all properties in West Winch.

16 GRAVEL HILL LANE: Plot and Title Map

16 GRAVEL HILL LANE sits on a plot of roughly 0.109 of an acre, or 439m². The below map shows the location of 16 GRAVEL HILL LANE, 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 16 GRAVEL HILL LANE). 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 16 GRAVEL HILL LANE?

16 GRAVEL HILL LANE is located in WEST WINCH, in the PE33 postcode district. The below map shows the position of No. 16 on GRAVEL HILL LANE.