38, THE GROVE, GRIMSTON, KING'S LYNN, PE32 1DG - £179,000

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.

38 THE GROVE is a very small semi-detached house of 65m², built sometime between 1976 and 1982, which could now be worth an estimated £218,637. It was last sold for £179,000 in October 2018, which was around 11% below the average October 2018 semi-detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was December 2013, where the current energy rating was D, and the potential energy rating was B.

38 THE GROVE Sold Prices

Land registry data shows two sales for 38 THE GROVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the King's Lynn and West Norfolk local authority area for the corresponding sale date. Both of the two 38 THE GROVE 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
2018 4 OCT	£179,000	£200,144	11% below HPI
2015 25 NOV	£145,000	£168,043	14% below HPI

38 THE GROVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the King's Lynn and West Norfolk local authority area over time, sourced from the HPI. The two 38 THE GROVE sales from November 2015 and October 2018 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 November 2015 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the October 2018 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 38 THE GROVE be worth now?

38 THE GROVE might now be worth an estimated £218,637.

This is based on house price inflation of 22.1%, between October 2018 and February 2025, for semi-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 22.1% inflationary increase is applied to the most recent sale price for 38 THE GROVE of £179,000 on 4th October 2018. For the value to have increased from £179,000 to £218,637 over the seven years and eight months to February 2025, the following assumptions must hold true:

• The value of 38 THE GROVE has moved in line with the HPI for semi-detached houses in the King's Lynn and West Norfolk local authority area.
• The October 2018 sale price of £179,000 represented a fair market value for the property.
• The size, condition, and specification of 38 THE GROVE has not materially changed since October 2018.

How Large is 38 THE GROVE?

38 THE GROVE is 65m² according to the EPC inspection conducted in December 2013. This puts it in the smallest 10% of semi-detached houses houses in Grimston, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Grimston, and where 38 THE GROVE lies on this distribution: 4% of semi-detached houses houses are smaller than 38 THE GROVE, and 95% of houses are larger. Note that EPC data is not available for all properties in Grimston.

38 THE GROVE: Plot and Title Map

38 THE GROVE sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 38 THE 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 38 THE 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 38 THE GROVE?

38 THE GROVE is located in GRIMSTON, in the PE32 postcode district. The below map shows the position of No. 38 on THE GROVE.