23, FOUNDRY LANE, RINGSTEAD, HUNSTANTON, PE36 5LE - £575,000

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

23 FOUNDRY LANE is a large extended detached house of 139m², built sometime between 1983 and 1990. It was last sold for £575,000 in March 2018, which was around 106% above the average March 2018 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was C.

23 FOUNDRY LANE Sold Prices

Land registry data shows three sales for 23 FOUNDRY LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the King's Lynn and West Norfolk local authority area for the corresponding sale date. All of the three 23 FOUNDRY LANE 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
2018 23 MAR	£575,000	£279,745	106% above HPI
2012 10 AUG	£425,000	£203,314	109% above HPI
2003 17 APR	£180,000	£148,357	21% above HPI

23 FOUNDRY 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 three 23 FOUNDRY LANE sales between April 2003 and March 2018 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 August 2012 sale was for 109% above the HPI. So the extrapolation line tracks at 109% above the HPI over time, until the March 2018 sale, where it falls to 106% above the HPI. The line then continues to track at 106% above the HPI.

How Large is 23 FOUNDRY LANE?

23 FOUNDRY LANE is 139m², which includes one extension, according to the EPC inspection conducted in April 2012. This puts it in the largest 40% of detached houses in Ringstead, based on EPC data. The below chart shows the distribution of detached houses by size in Ringstead, and where 23 FOUNDRY LANE lies on this distribution: 61% of detached houses are smaller than 23 FOUNDRY LANE, and 39% of houses are larger. Note that EPC data is not available for all properties in Ringstead.

23 FOUNDRY LANE: Plot and Title Map

23 FOUNDRY LANE sits on a plot of roughly 0.207 of an acre, or 837m². The below map shows the location of 23 FOUNDRY 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 FOUNDRY 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 FOUNDRY LANE?

23 FOUNDRY LANE is located in RINGSTEAD, in the PE36 postcode district. The below map shows the position of No. 23 on FOUNDRY LANE.