22, HYTHE ROAD, METHWOLD, THETFORD, IP26 4PP - £225,000

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

22 HYTHE ROAD is a very small detached house of 77m², built sometime between 1950 and 1966. It was last sold for £225,000 in July 2019, which was around 23% below the average July 2019 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was B.

22 HYTHE ROAD Sold Prices

Land registry data shows two sales for 22 HYTHE 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. Both of the two 22 HYTHE ROAD 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 29 JUL	£225,000	£292,859	23% below HPI
2000 7 JUL	£75,000	£94,190	20% below HPI

22 HYTHE 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 22 HYTHE ROAD sales from July 2000 and July 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 July 2000 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the July 2019 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 22 HYTHE ROAD?

22 HYTHE ROAD is 77m² according to the EPC inspection conducted in July 2018. This puts it in the smallest 20% of detached houses in Methwold, based on EPC data. The below chart shows the distribution of detached houses by size in Methwold, and where 22 HYTHE ROAD lies on this distribution: 11% of detached houses are smaller than 22 HYTHE ROAD, and 89% of houses are larger. Note that EPC data is not available for all properties in Methwold.

22 HYTHE ROAD: Plot and Title Map

22 HYTHE ROAD sits on a plot of roughly 0.118 of an acre, or 477m². The below map shows the location of 22 HYTHE 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 22 HYTHE 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 22 HYTHE ROAD?

22 HYTHE ROAD is located in METHWOLD, in the IP26 postcode district. The below map shows the position of No. 22 on HYTHE ROAD.