31, CEDAR GROVE, NORTH RUNCTON, KING'S LYNN, PE33 0QY - £420,000

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

31 CEDAR GROVE is a very small extended detached house of 110m², built sometime between 1976 and 1982. It was last sold for £420,000 in June 2023, which was around 16% above the average June 2023 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was C.

31 CEDAR GROVE Sold Prices

Land registry data shows two sales for 31 CEDAR GROVE 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 31 CEDAR GROVE 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
2023 29 JUN	£420,000	£363,024	16% above HPI
2020 3 JUL	£240,000	£298,565	20% below HPI

31 CEDAR 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 two 31 CEDAR GROVE sales from July 2020 and June 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 2020 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the June 2023 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is 31 CEDAR GROVE?

31 CEDAR GROVE is 110m², which includes one extension, according to the EPC inspection conducted in August 2022. This puts it in the smallest 10% of detached houses in North Runcton, based on EPC data. The below chart shows the distribution of detached houses by size in North Runcton, and where 31 CEDAR GROVE lies on this distribution: 9% of detached houses are smaller than 31 CEDAR GROVE, and 91% of houses are larger. Note that EPC data is not available for all properties in North Runcton.

31 CEDAR GROVE: Plot and Title Map

31 CEDAR GROVE sits on a plot of roughly 0.225 of an acre, or 909m². The below map shows the location of 31 CEDAR 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 31 CEDAR 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 31 CEDAR GROVE?

31 CEDAR GROVE is located in NORTH RUNCTON, in the PE33 postcode district. The below map shows the position of No. 31 on CEDAR GROVE.