29, THE GROVE, GRIMSTON, KING'S LYNN, PE32 1DG - £165,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

29 THE GROVE is a very small detached house of 63m², built sometime between 1983 and 1990. It was last sold for £165,000 in October 2015, which was around 33% below the average October 2015 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was August 2009, where the current energy rating was D, and the potential energy rating was D.

29 THE GROVE Sold Prices

Land registry data shows three sales for 29 THE GROVE 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 29 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
2015 16 OCT	£165,000	£246,108	33% below HPI
2013 12 DEC	£159,995	£213,297	25% below HPI
2005 2 MAR	£134,500	£181,580	26% below HPI

29 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 three 29 THE GROVE sales between March 2005 and October 2015 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 December 2013 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the October 2015 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 29 THE GROVE?

29 THE GROVE is 63m² according to the EPC inspection conducted in August 2009. This puts it in the smallest 10% of detached houses in Grimston, based on EPC data. The below chart shows the distribution of detached houses by size in Grimston, and where 29 THE GROVE lies on this distribution: 2% of detached houses are smaller than 29 THE GROVE, and 98% of houses are larger. Note that EPC data is not available for all properties in Grimston.

29 THE GROVE: Plot and Title Map

29 THE GROVE sits on a plot of roughly 0.095 of an acre, or 385m². The below map shows the location of 29 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 29 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 29 THE GROVE?

29 THE GROVE is located in GRIMSTON, in the PE32 postcode district. The below map shows the position of No. 29 on THE GROVE.