38, BACK LANE, WEST WINCH, KING'S LYNN, PE33 0LF - £164,000

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

38 BACK LANE is a very small detached house of 79m², built sometime between 1983 and 1990. It was last sold for £164,000 in August 2014, which was around 27% below the average August 2014 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was June 2014, where the current energy rating was C, and the potential energy rating was B.

38 BACK LANE Sold Prices

Land registry data shows two sales for 38 BACK LANE 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 38 BACK LANE sales was for below the average price, whilst the other was for above 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
2014 29 AUG	£164,000	£224,071	27% below HPI
1996 30 APR	£59,950	£57,043	5% above HPI

38 BACK 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 two 38 BACK LANE sales from April 1996 and August 2014 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 April 1996 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the August 2014 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 38 BACK LANE?

38 BACK LANE is 79m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 20% 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 38 BACK LANE lies on this distribution: 11% of detached houses are smaller than 38 BACK LANE, and 88% of houses are larger. Note that EPC data is not available for all properties in West Winch.

38 BACK LANE: Plot and Title Map

38 BACK LANE sits on a plot of roughly 0.123 of an acre, or 497m². The below map shows the location of 38 BACK 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 38 BACK 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 38 BACK LANE?

38 BACK LANE is located in WEST WINCH, in the PE33 postcode district. The below map shows the position of No. 38 on BACK LANE.