3, CHOLMONDELEY WAY, WEST WINCH, KING'S LYNN, PE33 0SY - £230,000

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

3 CHOLMONDELEY WAY is a small extended detached house of 89m², built sometime between 1983 and 1990. It was last sold for £230,000 in December 2020, which was around 27% below the average December 2020 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was January 2013, where the current energy rating was D, and the potential energy rating was B.

3 CHOLMONDELEY WAY Sold Prices

Land registry data shows four sales for 3 CHOLMONDELEY WAY since 1^st January 1995. The below table shows the price paid for the four 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 four 3 CHOLMONDELEY WAY 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
2020 15 DEC	£230,000	£316,520	27% below HPI
2013 24 MAY	£169,000	£205,091	18% below HPI
1999 13 DEC	£71,000	£85,017	16% below HPI
1999 23 APR	£71,532	£75,180	5% below HPI

3 CHOLMONDELEY WAY 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 four 3 CHOLMONDELEY WAY sales between April 1999 and December 2020 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 May 2013 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the December 2020 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 3 CHOLMONDELEY WAY?

3 CHOLMONDELEY WAY is 89m², which includes three extensions, according to the EPC inspection conducted in January 2013. This puts it in the smallest 30% of detached houses in West Winch, based on EPC data. The below chart shows the distribution of detached houses by size in West Winch, and where 3 CHOLMONDELEY WAY lies on this distribution: 22% of detached houses are smaller than 3 CHOLMONDELEY WAY, and 78% of houses are larger. Note that EPC data is not available for all properties in West Winch.

3 CHOLMONDELEY WAY: Plot and Title Map

3 CHOLMONDELEY WAY sits on a plot of roughly 0.082 of an acre, or 331m². The below map shows the location of 3 CHOLMONDELEY WAY, 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 3 CHOLMONDELEY WAY). 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 3 CHOLMONDELEY WAY?

3 CHOLMONDELEY WAY is located in WEST WINCH, in the PE33 postcode district. The below map shows the position of No. 3 on CHOLMONDELEY WAY.