2, HIPKIN ROAD, DERSINGHAM, KING'S LYNN, PE31 6XX - £287,500

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 HIPKIN ROAD is a midsized detached house of 88m², built sometime between 1991 and 1995. It was last sold for £287,500 in April 2024, which was around 18% below the average April 2024 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was November 2023, where the current energy rating was D, and the potential energy rating was B.

2 HIPKIN ROAD Sold Prices

Land registry data shows two sales for 2 HIPKIN ROAD 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 2 HIPKIN ROAD 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
2024 12 APR	£287,500	£351,923	18% below HPI
1996 18 DEC	£68,500	£62,351	10% above HPI

2 HIPKIN 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 two 2 HIPKIN ROAD sales from December 1996 and April 2024 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 1996 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the April 2024 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 2 HIPKIN ROAD?

2 HIPKIN ROAD is 88m² according to the EPC inspection conducted in November 2023. This puts it in the smallest 50% of detached houses in Dersingham, based on EPC data. The below chart shows the distribution of detached houses by size in Dersingham, and where 2 HIPKIN ROAD lies on this distribution: 42% of detached houses are smaller than 2 HIPKIN ROAD, and 56% of houses are larger. Note that EPC data is not available for all properties in Dersingham.

2 HIPKIN ROAD: Plot and Title Map

2 HIPKIN ROAD sits on a plot of roughly 0.094 of an acre, or 382m². The below map shows the location of 2 HIPKIN 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 2 HIPKIN 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 2 HIPKIN ROAD?

2 HIPKIN ROAD is located in DERSINGHAM, in the PE31 postcode district. The below map shows the position of No. 2 on HIPKIN ROAD.