2, ROWAN DRIVE, GAYTON, KING'S LYNN, PE32 1UR - £121,000

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

2 ROWAN DRIVE is a very small detached house of 62m², built sometime between 1996 and 2002. It was last sold for £121,000 in April 2004, which was around 28% below the average April 2004 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was March 2018, where the current energy rating was E, and the potential energy rating was B.

2 ROWAN DRIVE Sold Prices

Land registry data shows two sales for 2 ROWAN DRIVE 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 ROWAN DRIVE 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
2004 23 APR	£121,000	£168,073	28% below HPI
1997 30 MAY	£53,000	£66,888	21% below HPI

2 ROWAN DRIVE 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 ROWAN DRIVE sales from May 1997 and April 2004 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 May 1997 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the April 2004 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 2 ROWAN DRIVE?

2 ROWAN DRIVE is 62m² according to the EPC inspection conducted in March 2018. This puts it in the smallest 10% of detached houses in Gayton, based on EPC data. The below chart shows the distribution of detached houses by size in Gayton, and where 2 ROWAN DRIVE lies on this distribution: 5% of detached houses are smaller than 2 ROWAN DRIVE, and 93% of houses are larger. Note that EPC data is not available for all properties in Gayton.

2 ROWAN DRIVE: Plot and Title Map

2 ROWAN DRIVE sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of 2 ROWAN DRIVE, 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 ROWAN DRIVE). 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 ROWAN DRIVE?

2 ROWAN DRIVE is located in GAYTON, in the PE32 postcode district. The below map shows the position of No. 2 on ROWAN DRIVE.