2, FFOLKES PLACE, RUNCTON HOLME, KING'S LYNN, PE33 0AH - £217,500

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

2 FFOLKES PLACE is a midsized detached house of 89m², built sometime between 1976 and 1982. It was last sold for £217,500 in December 2018, which was around 26% below the average December 2018 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was B.

2 FFOLKES PLACE Sold Prices

Land registry data shows two sales for 2 FFOLKES PLACE 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 2 FFOLKES PLACE 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 14 DEC	£217,500	£295,343	26% below HPI
2015 17 DEC	£200,000	£247,568	19% below HPI

2 FFOLKES PLACE 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 2 FFOLKES PLACE sales from December 2015 and December 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 December 2015 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the December 2018 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 2 FFOLKES PLACE?

2 FFOLKES PLACE is 89m² according to the EPC inspection conducted in November 2015. This puts it in the smallest 50% 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 2 FFOLKES PLACE lies on this distribution: 47% of detached houses are smaller than 2 FFOLKES PLACE, and 53% of houses are larger. Note that EPC data is not available for all properties in Runcton Holme.

2 FFOLKES PLACE: Plot and Title Map

2 FFOLKES PLACE sits on a plot of roughly 0.141 of an acre, or 570m². The below map shows the location of 2 FFOLKES PLACE, 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 2 FFOLKES PLACE). 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 2 FFOLKES PLACE?

2 FFOLKES PLACE is located in RUNCTON HOLME, in the PE33 postcode district. The below map shows the position of No. 2 on FFOLKES PLACE.