18, SCHOOL ROAD, RUNCTON HOLME, KING'S LYNN, PE33 0AQ - £205,000

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

18 SCHOOL ROAD is a small detached house of 80m², built sometime between 1967 and 1975. It was last sold for £205,000 in April 2018, which was around 27% below the average April 2018 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was July 2013, where the current energy rating was C, and the potential energy rating was B.

18 SCHOOL ROAD Sold Prices

Land registry data shows four sales for 18 SCHOOL 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 SCHOOL 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
2018 24 APR	£205,000	£279,310	27% below HPI
2014 15 JAN	£160,000	£212,994	25% below HPI
2003 26 AUG	£139,995	£164,674	15% below HPI
2002 21 AUG	£99,995	£136,280	27% below HPI

18 SCHOOL 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 SCHOOL ROAD sales between August 2002 and April 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 January 2014 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the April 2018 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 18 SCHOOL ROAD?

18 SCHOOL ROAD is 80m² according to the EPC inspection conducted in July 2013. This puts it in the smallest 30% of detached houses in Runcton Holme, based on EPC data. The below chart shows the distribution of detached houses by size in Runcton Holme, and where 18 SCHOOL ROAD lies on this distribution: 23% of detached houses are smaller than 18 SCHOOL ROAD, and 75% of houses are larger. Note that EPC data is not available for all properties in Runcton Holme.

18 SCHOOL ROAD: Plot and Title Map

18 SCHOOL ROAD sits on a plot of roughly 0.129 of an acre, or 524m². The below map shows the location of 18 SCHOOL 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 SCHOOL 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 SCHOOL ROAD?

18 SCHOOL ROAD is located in RUNCTON HOLME, in the PE33 postcode district. The below map shows the position of No. 18 on SCHOOL ROAD.