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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

24 NEW ROAD is a small extended detached house of 140m², built sometime between 1967 and 1975, which could now be worth an estimated £400,377. It was last sold for £235,000 in November 2013, which was around 9% 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	£215,245	9% above HPI
2006 30 OCT	£287,500	£215,209	34% above HPI
2004 7 JAN	£100,000	£168,228	41% 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 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the November 2013 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 24 NEW ROAD be worth now?

24 NEW ROAD might now be worth an estimated £400,377.

This is based on house price inflation of 70.4%, between November 2013 and February 2025, for detached houses, in the King's Lynn and West Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 70.4% inflationary increase is applied to the most recent sale price for 24 NEW ROAD of £235,000 on 29th November 2013. For the value to have increased from £235,000 to £400,377 over the twelve years and nine months to February 2025, the following assumptions must hold true:

• The value of 24 NEW ROAD has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The November 2013 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 24 NEW ROAD has not materially changed since November 2013.

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 houses in North Runcton, based on EPC data. The below chart shows the distribution of detached houses houses by size in North Runcton, and where 24 NEW ROAD lies on this distribution: 27% of detached houses houses are smaller than 24 NEW ROAD, and 73% 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.