3, INGHAMS LANE, NORTHWOLD, THETFORD, IP26 5LF - £200,000

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

3 INGHAMS LANE is a very small extended detached house of 68m², built sometime before 1900. It was last sold for £200,000 in April 2023, which was around 45% below the average April 2023 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was July 2014, where the current energy rating was F, and the potential energy rating was C.

3 INGHAMS LANE Sold Prices

Land registry data shows three sales for 3 INGHAMS LANE 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 3 INGHAMS LANE 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
2023 14 APR	£200,000	£360,995	45% below HPI
2021 8 JUL	£240,000	£315,090	24% below HPI
2014 19 DEC	£124,950	£227,818	45% below HPI

3 INGHAMS LANE 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 3 INGHAMS LANE sales between December 2014 and April 2023 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 July 2021 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the April 2023 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 3 INGHAMS LANE?

3 INGHAMS LANE is 68m², which includes one extension, according to the EPC inspection conducted in July 2014. This puts it in the smallest 10% of detached houses in Northwold, based on EPC data. The below chart shows the distribution of detached houses by size in Northwold, and where 3 INGHAMS LANE lies on this distribution: 3% of detached houses are smaller than 3 INGHAMS LANE, and 97% of houses are larger. Note that EPC data is not available for all properties in Northwold.

3 INGHAMS LANE: Plot and Title Map

3 INGHAMS LANE sits on a plot of roughly 0.049 of an acre, or 197m². The below map shows the location of 3 INGHAMS LANE, 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 INGHAMS LANE). 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 INGHAMS LANE?

3 INGHAMS LANE is located in NORTHWOLD, in the IP26 postcode district. The below map shows the position of No. 3 on INGHAMS LANE.