2, WHEATFIELDS, HILLINGTON, KING'S LYNN, PE31 6BH - £537,500

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 WHEATFIELDS is a small extended detached house of 137m², built sometime between 1996 and 2002. It was last sold for £537,500 in December 2022, which was around 41% above the average December 2022 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was February 2019, where the current energy rating was E, and the potential energy rating was C.

2 WHEATFIELDS Sold Prices

Land registry data shows two sales for 2 WHEATFIELDS 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 WHEATFIELDS sales were 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
2022 2 DEC	£537,500	£382,303	41% above HPI
2019 30 APR	£400,000	£288,516	39% above HPI

2 WHEATFIELDS 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 WHEATFIELDS sales from April 2019 and December 2022 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 April 2019 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the December 2022 sale, where it rises to 41% above the HPI. The line then continues to track at 41% above the HPI.

How Large is 2 WHEATFIELDS?

2 WHEATFIELDS is 137m², which includes two extensions, according to the EPC inspection conducted in February 2019. This puts it in the smallest 30% of detached houses in Hillington, based on EPC data. The below chart shows the distribution of detached houses by size in Hillington, and where 2 WHEATFIELDS lies on this distribution: 21% of detached houses are smaller than 2 WHEATFIELDS, and 79% of houses are larger. Note that EPC data is not available for all properties in Hillington.

2 WHEATFIELDS: Plot and Title Map

2 WHEATFIELDS sits on a plot of roughly 0.245 of an acre, or 991m². The below map shows the location of 2 WHEATFIELDS, 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 WHEATFIELDS). 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 WHEATFIELDS?

2 WHEATFIELDS is located in HILLINGTON, in the PE31 postcode district. The below map shows the position of No. 2 on WHEATFIELDS.