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
4 CHALK WAY is a large extended detached house of 147m², built sometime between 2003 and 2006. It was last sold for £234,950 in February 2006, which was around 23% above the average February 2006 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 4 CHALK WAY since 1st 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 4 CHALK WAY sales were 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 |
---|---|---|---|
2006 3 FEB | £234,950 | £190,705 | 23% above HPI |
2005 27 MAY | £240,000 | £188,097 | 28% above HPI |
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 4 CHALK WAY sales from May 2005 and February 2006 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 May 2005 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the February 2006 sale, where it falls to 23% above the HPI. The line then continues to track at 23% above the HPI.
4 CHALK WAY is 147m², which includes one extension, according to the EPC inspection conducted in March 2020. This puts it in the largest 40% of detached houses in Methwold, based on EPC data. The below chart shows the distribution of detached houses by size in Methwold, and where 4 CHALK WAY lies on this distribution: 61% of detached houses are smaller than 4 CHALK WAY, and 39% of houses are larger. Note that EPC data is not available for all properties in Methwold.
4 CHALK WAY sits on a plot of roughly 0.140 of an acre, or 565m². The below map shows the location of 4 CHALK WAY, 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 4 CHALK WAY). 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.
4 CHALK WAY is located in METHWOLD, in the IP26 postcode district. The below map shows the position of No. 4 on CHALK WAY.