38, GROVELANDS, INGOLDISTHORPE, KING'S LYNN, PE31 6PG - £230,000

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

38 GROVELANDS is a very small detached house of 62m², built sometime between 1967 and 1975. It was last sold for £230,000 in July 2016, which was around 10% below the average July 2016 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.

38 GROVELANDS Sold Prices

Land registry data shows two sales for 38 GROVELANDS 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. Both of the two 38 GROVELANDS 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
2016 22 JUL	£230,000	£255,076	10% below HPI
2014 11 APR	£154,500	£214,914	28% below HPI

38 GROVELANDS 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 GROVELANDS sales from April 2014 and July 2016 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 2014 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the July 2016 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 38 GROVELANDS?

38 GROVELANDS is 62m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 10% of detached houses in Ingoldisthorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Ingoldisthorpe, and where 38 GROVELANDS lies on this distribution: 3% of detached houses are smaller than 38 GROVELANDS, and 94% of houses are larger. Note that EPC data is not available for all properties in Ingoldisthorpe.

38 GROVELANDS: Plot and Title Map

38 GROVELANDS sits on a plot of roughly 0.119 of an acre, or 483m². The below map shows the location of 38 GROVELANDS, 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 GROVELANDS). 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 GROVELANDS?

38 GROVELANDS is located in INGOLDISTHORPE, in the PE31 postcode district. The below map shows the position of No. 38 on GROVELANDS.