4, GRAVEL HILL LANE, WEST WINCH, KING'S LYNN, PE33 0QG - £262,000

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.

4 GRAVEL HILL LANE is a very large detached house of 156m², built sometime between 1967 and 1975, which could now be worth an estimated £300,242. It was last sold for £262,000 in October 2020, which was around 18% below the average October 2020 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was November 2013, where the current energy rating was E, and the potential energy rating was B.

4 GRAVEL HILL LANE Sold Prices

Land registry data shows two sales for 4 GRAVEL HILL 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. Both of the two 4 GRAVEL HILL LANE 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
2020 6 OCT	£262,000	£320,011	18% below HPI
2014 28 MAR	£176,000	£217,463	19% below HPI

4 GRAVEL HILL 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 4 GRAVEL HILL LANE sales from March 2014 and October 2020 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 March 2014 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the October 2020 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 4 GRAVEL HILL LANE be worth now?

4 GRAVEL HILL LANE might now be worth an estimated £300,242.

This is based on house price inflation of 14.6%, between October 2020 and February 2025, for 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 14.6% inflationary increase is applied to the most recent sale price for 4 GRAVEL HILL LANE of £262,000 on 6th October 2020. For the value to have increased from £262,000 to £300,242 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of 4 GRAVEL HILL LANE has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The October 2020 sale price of £262,000 represented a fair market value for the property.
• The size, condition, and specification of 4 GRAVEL HILL LANE has not materially changed since October 2020.

How Large is 4 GRAVEL HILL LANE?

4 GRAVEL HILL LANE is 156m² according to the EPC inspection conducted in November 2013. This puts it in the largest 20% of detached houses houses in West Winch, based on EPC data. The below chart shows the distribution of detached houses houses by size in West Winch, and where 4 GRAVEL HILL LANE lies on this distribution: 85% of detached houses houses are smaller than 4 GRAVEL HILL LANE, and 14% of houses are larger. Note that EPC data is not available for all properties in West Winch.

4 GRAVEL HILL LANE: Plot and Title Map

4 GRAVEL HILL LANE sits on a plot of roughly 0.133 of an acre, or 539m². The below map shows the location of 4 GRAVEL HILL 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 4 GRAVEL HILL 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 4 GRAVEL HILL LANE?

4 GRAVEL HILL LANE is located in WEST WINCH, in the PE33 postcode district. The below map shows the position of No. 4 on GRAVEL HILL LANE.