24, NEW ROAD, NORTH RUNCTON, KING'S LYNN, PE33 0RA - £235,000

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

24 NEW ROAD is a small extended detached house of 140m², built sometime between 1967 and 1975. It was last sold for £235,000 in November 2013, which was around 12% above the average November 2013 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was D.

24 NEW ROAD Sold Prices

Land registry data shows three sales for 24 NEW ROAD 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. Two of the three 24 NEW ROAD sales were for above the average price, whilst one was 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
2013 29 NOV	£235,000	£209,457	12% above HPI
2006 30 OCT	£287,500	£209,422	37% above HPI
2004 7 JAN	£100,000	£163,705	39% below HPI

24 NEW 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 three 24 NEW ROAD sales between January 2004 and November 2013 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 October 2006 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the November 2013 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 24 NEW ROAD?

24 NEW ROAD is 140m², which includes one extension, according to the EPC inspection conducted in May 2011. This puts it in the smallest 30% 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 24 NEW ROAD lies on this distribution: 25% of detached houses are smaller than 24 NEW ROAD, and 75% of houses are larger. Note that EPC data is not available for all properties in North Runcton.

24 NEW ROAD: Plot and Title Map

24 NEW ROAD sits on a plot of roughly 0.244 of an acre, or 987m². The below map shows the location of 24 NEW 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 24 NEW 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 24 NEW ROAD?

24 NEW ROAD is located in NORTH RUNCTON, in the PE33 postcode district. The below map shows the position of No. 24 on NEW ROAD.