18, HYTHE ROAD, METHWOLD, THETFORD, IP26 4PP - £230,000

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 HYTHE ROAD is a very small detached house of 55m², built sometime between 1950 and 1966. It was last sold for £230,000 in March 2023, which was around 37% below the average March 2023 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was May 2024, where the current energy rating was D, and the potential energy rating was B.

18 HYTHE ROAD Sold Prices

Land registry data shows four sales for 18 HYTHE ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the King's Lynn and West Norfolk local authority area for the corresponding sale date. All of the four 18 HYTHE ROAD 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
2023 31 MAR	£230,000	£366,939	37% below HPI
2014 24 SEP	£154,000	£227,189	32% below HPI
2004 23 JAN	£126,000	£163,705	23% below HPI
2000 24 MAR	£62,000	£83,785	26% below HPI

18 HYTHE ROAD 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 four 18 HYTHE ROAD sales between March 2000 and March 2023 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 September 2014 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the March 2023 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 18 HYTHE ROAD?

18 HYTHE ROAD is 55m² according to the EPC inspection conducted in May 2024. This puts it in the smallest 10% of detached houses in Methwold, based on EPC data. The below chart shows the distribution of detached houses by size in Methwold, and where 18 HYTHE ROAD lies on this distribution: 2% of detached houses are smaller than 18 HYTHE ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Methwold.

18 HYTHE ROAD: Plot and Title Map

18 HYTHE ROAD sits on a plot of roughly 0.119 of an acre, or 480m². The below map shows the location of 18 HYTHE ROAD, 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 HYTHE ROAD). 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 HYTHE ROAD?

18 HYTHE ROAD is located in METHWOLD, in the IP26 postcode district. The below map shows the position of No. 18 on HYTHE ROAD.