22, PAYNES LANE, FELTWELL, THETFORD, IP26 4BA - £283,000

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 PAYNES LANE is a large detached house of 114m², built sometime between 1950 and 1966. It was last sold for £283,000 in April 2023, which was around 22% below the average April 2023 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was September 2022, where the current energy rating was E, and the potential energy rating was C.

22 PAYNES LANE Sold Prices

Land registry data shows two sales for 22 PAYNES LANE 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 22 PAYNES LANE 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
2023 3 APR	£283,000	£360,995	22% below HPI
1996 27 SEP	£87,000	£63,790	36% above HPI

22 PAYNES LANE 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 PAYNES LANE sales from September 1996 and April 2023 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 September 1996 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the April 2023 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 22 PAYNES LANE?

22 PAYNES LANE is 114m² according to the EPC inspection conducted in September 2022. This puts it in the largest 40% of detached houses in Feltwell, based on EPC data. The below chart shows the distribution of detached houses by size in Feltwell, and where 22 PAYNES LANE lies on this distribution: 64% of detached houses are smaller than 22 PAYNES LANE, and 35% of houses are larger. Note that EPC data is not available for all properties in Feltwell.

22 PAYNES LANE: Plot and Title Map

22 PAYNES LANE sits on a plot of roughly 0.239 of an acre, or 967m². The below map shows the location of 22 PAYNES LANE, 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 PAYNES LANE). 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 PAYNES LANE?

22 PAYNES LANE is located in FELTWELL, in the IP26 postcode district. The below map shows the position of No. 22 on PAYNES LANE.