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 THATCHWOOD AVENUE is a large extended detached house of 155m², built sometime between 1930 and 1949. It was last sold for £220,000 in December 2019, which was around 25% below the average December 2019 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was September 2012, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 2 THATCHWOOD AVENUE since 1st 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 THATCHWOOD AVENUE 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 |
---|---|---|---|
2019 20 DEC | £220,000 | £293,433 | 25% below HPI |
2014 3 JAN | £180,000 | £212,994 | 15% below HPI |
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 THATCHWOOD AVENUE sales from January 2014 and December 2019 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 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the December 2019 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.
2 THATCHWOOD AVENUE is 155m², which includes two extensions, according to the EPC inspection conducted in September 2012. This puts it in the largest 30% of detached houses in Emneth, based on EPC data. The below chart shows the distribution of detached houses by size in Emneth, and where 2 THATCHWOOD AVENUE lies on this distribution: 80% of detached houses are smaller than 2 THATCHWOOD AVENUE, and 20% of houses are larger. Note that EPC data is not available for all properties in Emneth.
2 THATCHWOOD AVENUE sits on a plot of roughly 0.168 of an acre, or 682m². The below map shows the location of 2 THATCHWOOD AVENUE, 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 THATCHWOOD AVENUE). 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.
2 THATCHWOOD AVENUE is located in EMNETH, in the PE14 postcode district. The below map shows the position of No. 2 on THATCHWOOD AVENUE.