23, COMMON LANE, NORTH RUNCTON, KING'S LYNN, PE33 0RD - £227,500

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

23 COMMON LANE is a small detached house of 147m². It was last sold for £227,500 in May 2017, which was around 16% below the average May 2017 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was October 2018, where the current energy rating was B, and the potential energy rating was A.

23 COMMON LANE Sold Prices

Land registry data shows two sales for 23 COMMON 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. Both of the two 23 COMMON LANE 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
2017 5 MAY	£227,500	£271,048	16% below HPI
2012 27 JUL	£170,000	£203,530	16% below HPI

23 COMMON 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 23 COMMON LANE sales from July 2012 and May 2017 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 2012 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the May 2017 sale, which was also at 16% below the HPI.

How Large is 23 COMMON LANE?

23 COMMON LANE is 147m² according to the EPC inspection conducted in October 2018. This puts it in the smallest 40% of detached houses in North Runcton, based on EPC data. The below chart shows the distribution of detached houses by size in North Runcton, and where 23 COMMON LANE lies on this distribution: 38% of detached houses are smaller than 23 COMMON LANE, and 62% of houses are larger. Note that EPC data is not available for all properties in North Runcton.

23 COMMON LANE: Plot and Title Map

23 COMMON LANE sits on a plot of roughly 0.265 of an acre, or 1,074m². The below map shows the location of 23 COMMON 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 23 COMMON 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 23 COMMON LANE?

23 COMMON LANE is located in NORTH RUNCTON, in the PE33 postcode district. The below map shows the position of No. 23 on COMMON LANE.