18, GROVELANDS, INGOLDISTHORPE, KING'S LYNN, PE31 6PG - £190,000

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

18 GROVELANDS is a very small detached house of 62m², built sometime between 1967 and 1975. It was last sold for £190,000 in August 2018, which was around 35% below the average August 2018 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was June 2018, where the current energy rating was E, and the potential energy rating was B.

18 GROVELANDS Sold Prices

Land registry data shows two sales for 18 GROVELANDS 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. One of the two 18 GROVELANDS sales was for below the average price, whilst the other 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
2018 14 AUG	£190,000	£291,056	35% below HPI
1995 1 AUG	£60,000	£58,857	2% above HPI

18 GROVELANDS 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 18 GROVELANDS sales from August 1995 and August 2018 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 1995 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the August 2018 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 18 GROVELANDS?

18 GROVELANDS is 62m² according to the EPC inspection conducted in June 2018. This puts it in the smallest 10% of detached houses in Ingoldisthorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Ingoldisthorpe, and where 18 GROVELANDS lies on this distribution: 3% of detached houses are smaller than 18 GROVELANDS, and 94% of houses are larger. Note that EPC data is not available for all properties in Ingoldisthorpe.

18 GROVELANDS: Plot and Title Map

18 GROVELANDS sits on a plot of roughly 0.093 of an acre, or 378m². The below map shows the location of 18 GROVELANDS, 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 18 GROVELANDS). 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 18 GROVELANDS?

18 GROVELANDS is located in INGOLDISTHORPE, in the PE31 postcode district. The below map shows the position of No. 18 on GROVELANDS.