24, THE GROVE, GRIMSTON, KING'S LYNN, PE32 1DG - £85,000

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 THE GROVE is a midsized detached house of 97m², built sometime between 1976 and 1982. It was last sold for £85,000 in April 2005, which was around 54% below the average April 2005 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

24 THE GROVE Sold Prices

Land registry data shows two sales for 24 THE GROVE 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 24 THE GROVE 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
2005 28 APR	£85,000	£183,187	54% below HPI
1995 27 JAN	£50,000	£59,942	17% below HPI

24 THE GROVE 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 24 THE GROVE sales from January 1995 and April 2005 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 January 1995 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the April 2005 sale, where it falls to 54% below the HPI. The line then continues to track at 54% below the HPI.

How Large is 24 THE GROVE?

24 THE GROVE is 97m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 50% of detached houses in Grimston, based on EPC data. The below chart shows the distribution of detached houses by size in Grimston, and where 24 THE GROVE lies on this distribution: 40% of detached houses are smaller than 24 THE GROVE, and 56% of houses are larger. Note that EPC data is not available for all properties in Grimston.

24 THE GROVE: Plot and Title Map

24 THE GROVE sits on a plot of roughly 0.093 of an acre, or 378m². The below map shows the location of 24 THE GROVE, 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 THE GROVE). 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 THE GROVE?

24 THE GROVE is located in GRIMSTON, in the PE32 postcode district. The below map shows the position of No. 24 on THE GROVE.