16, PARK LANE, SNETTISHAM, KING'S LYNN, PE31 7NW - £395,000

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

16 PARK LANE is a very large extended detached house of 160m², built sometime between 1950 and 1966. It was last sold for £395,000 in December 2020, which was around 25% above the average December 2020 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was January 2009, where the current energy rating was E, and the potential energy rating was D.

16 PARK LANE Sold Prices

Land registry data shows two sales for 16 PARK LANE 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 16 PARK LANE 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
2020 16 DEC	£395,000	£316,520	25% above HPI
2014 20 JAN	£250,000	£212,994	17% above HPI

16 PARK 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 two 16 PARK LANE sales from January 2014 and December 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 January 2014 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the December 2020 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is 16 PARK LANE?

16 PARK LANE is 160m², which includes two extensions, according to the EPC inspection conducted in January 2009. This puts it in the largest 20% of detached houses in Snettisham, based on EPC data. The below chart shows the distribution of detached houses by size in Snettisham, and where 16 PARK LANE lies on this distribution: 88% of detached houses are smaller than 16 PARK LANE, and 12% of houses are larger. Note that EPC data is not available for all properties in Snettisham.

16 PARK LANE: Plot and Title Map

16 PARK LANE sits on a plot of roughly 0.229 of an acre, or 927m². The below map shows the location of 16 PARK 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 PARK 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 PARK LANE?

16 PARK LANE is located in SNETTISHAM, in the PE31 postcode district. The below map shows the position of No. 16 on PARK LANE.