3, PHILIPS CHASE, HUNSTANTON, PE36 5NL - £350,000

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.

3 PHILIPS CHASE is a midsized detached house of 100m², built sometime between 1983 and 1990, which could now be worth an estimated £418,249. It was last sold for £350,000 in August 2019, which was around 15% above the average August 2019 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was D.

3 PHILIPS CHASE Sold Prices

Land registry data shows two sales for 3 PHILIPS CHASE 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. One of the two 3 PHILIPS CHASE sales was for above the average price, whilst the other 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
2019 22 AUG	£350,000	£304,355	15% above HPI
2012 21 AUG	£177,500	£208,932	15% below HPI

3 PHILIPS CHASE 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 3 PHILIPS CHASE sales from August 2012 and August 2019 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 August 2012 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the August 2019 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 3 PHILIPS CHASE be worth now?

3 PHILIPS CHASE might now be worth an estimated £418,249.

This is based on house price inflation of 19.5%, between August 2019 and March 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 19.5% inflationary increase is applied to the most recent sale price for 3 PHILIPS CHASE of £350,000 on 22nd August 2019. For the value to have increased from £350,000 to £418,249 over the six years and five months to March 2025, the following assumptions must hold true:

• The value of 3 PHILIPS CHASE has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The August 2019 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 3 PHILIPS CHASE has not materially changed since August 2019.

How Large is 3 PHILIPS CHASE?

3 PHILIPS CHASE is 100m² according to the EPC inspection conducted in March 2012. This puts it in the largest 50% of detached houses houses in Hunstanton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hunstanton, and where 3 PHILIPS CHASE lies on this distribution: 54% of detached houses houses are smaller than 3 PHILIPS CHASE, and 46% of houses are larger. Note that EPC data is not available for all properties in Hunstanton.

3 PHILIPS CHASE: Plot and Title Map

3 PHILIPS CHASE sits on a plot of roughly 0.152 of an acre, or 615m². The below map shows the location of 3 PHILIPS CHASE, 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 PHILIPS CHASE). 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 PHILIPS CHASE?

3 PHILIPS CHASE is located in HUNSTANTON, in the PE36 postcode district. The below map shows the position of No. 3 on PHILIPS CHASE.