24, FFOLKES PLACE, RUNCTON HOLME, KING'S LYNN, PE33 0AH - £240,000

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

24 FFOLKES PLACE is a very small detached house of 79m², built sometime between 1967 and 1975. It was last sold for £240,000 in May 2022, which was around 32% below the average May 2022 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was C.

24 FFOLKES PLACE Sold Prices

Land registry data shows three sales for 24 FFOLKES PLACE 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 24 FFOLKES PLACE 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
2022 27 MAY	£240,000	£352,797	32% below HPI
2000 28 APR	£77,500	£86,134	10% below HPI
1998 26 AUG	£68,000	£75,005	9% below HPI

24 FFOLKES PLACE 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 24 FFOLKES PLACE sales between August 1998 and May 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 2000 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the May 2022 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 24 FFOLKES PLACE?

24 FFOLKES PLACE is 79m² according to the EPC inspection conducted in January 2022. This puts it in the smallest 20% of detached houses in Runcton Holme, based on EPC data. The below chart shows the distribution of detached houses by size in Runcton Holme, and where 24 FFOLKES PLACE lies on this distribution: 15% of detached houses are smaller than 24 FFOLKES PLACE, and 81% of houses are larger. Note that EPC data is not available for all properties in Runcton Holme.

24 FFOLKES PLACE: Plot and Title Map

24 FFOLKES PLACE sits on a plot of roughly 0.158 of an acre, or 641m². The below map shows the location of 24 FFOLKES PLACE, 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 24 FFOLKES PLACE). 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 24 FFOLKES PLACE?

24 FFOLKES PLACE is located in RUNCTON HOLME, in the PE33 postcode district. The below map shows the position of No. 24 on FFOLKES PLACE.