4, GROVELANDS, INGOLDISTHORPE, KING'S LYNN, PE31 6PG - £166,000

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

4 GROVELANDS is a small detached house of 86m², built sometime between 1967 and 1975. It was last sold for £166,000 in November 2012, which was around 18% below the average November 2012 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was September 2010, where the current energy rating was D, and the potential energy rating was C.

4 GROVELANDS Sold Prices

Land registry data shows four sales for 4 GROVELANDS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the King's Lynn and West Norfolk local authority area for the corresponding sale date. Most of the four 4 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
2012 9 NOV	£166,000	£202,161	18% below HPI
2009 2 SEP	£164,000	£202,769	19% below HPI
2002 25 JUL	£138,500	£128,519	8% above HPI
2000 4 AUG	£86,000	£93,740	8% below HPI

4 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 four 4 GROVELANDS sales between August 2000 and November 2012 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 September 2009 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the November 2012 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 4 GROVELANDS?

4 GROVELANDS is 86m² according to the EPC inspection conducted in September 2010. This puts it in the smallest 30% of detached houses in Ingoldisthorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Ingoldisthorpe, and where 4 GROVELANDS lies on this distribution: 20% of detached houses are smaller than 4 GROVELANDS, and 80% of houses are larger. Note that EPC data is not available for all properties in Ingoldisthorpe.

4 GROVELANDS: Plot and Title Map

4 GROVELANDS sits on a plot of roughly 0.096 of an acre, or 389m². The below map shows the location of 4 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 4 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 4 GROVELANDS?

4 GROVELANDS is located in INGOLDISTHORPE, in the PE31 postcode district. The below map shows the position of No. 4 on GROVELANDS.