3, RECTORY DRIVE, CLENCHWARTON, KING'S LYNN, PE34 4ED - £240,000

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 RECTORY DRIVE is a very small detached house of 72m², built sometime between 1967 and 1975. It was last sold for £240,000 in February 2022, which was around 30% below the average February 2022 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was B.

3 RECTORY DRIVE Sold Prices

Land registry data shows three sales for 3 RECTORY DRIVE 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 RECTORY DRIVE 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
2022 25 FEB	£240,000	£344,811	30% below HPI
2013 6 DEC	£153,000	£213,297	28% below HPI
1999 22 SEP	£53,000	£85,822	38% below HPI

3 RECTORY DRIVE 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 RECTORY DRIVE sales between September 1999 and February 2022 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 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the February 2022 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 3 RECTORY DRIVE?

3 RECTORY DRIVE is 72m² according to the EPC inspection conducted in July 2021. This puts it in the smallest 20% of detached houses in Clenchwarton, based on EPC data. The below chart shows the distribution of detached houses by size in Clenchwarton, and where 3 RECTORY DRIVE lies on this distribution: 17% of detached houses are smaller than 3 RECTORY DRIVE, and 82% of houses are larger. Note that EPC data is not available for all properties in Clenchwarton.

3 RECTORY DRIVE: Plot and Title Map

3 RECTORY DRIVE sits on a plot of roughly 0.099 of an acre, or 402m². The below map shows the location of 3 RECTORY DRIVE, 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 RECTORY DRIVE). 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 RECTORY DRIVE?

3 RECTORY DRIVE is located in CLENCHWARTON, in the PE34 postcode district. The below map shows the position of No. 3 on RECTORY DRIVE.