4, NEW ROAD, NORTH RUNCTON, KING'S LYNN, PE33 0RA - £410,000

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 NEW ROAD is a very small extended detached house of 125m², built sometime between 1967 and 1975. It was last sold for £410,000 in December 2022, which was around 7% above the average December 2022 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was C.

4 NEW ROAD Sold Prices

Land registry data shows three sales for 4 NEW ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the King's Lynn and West Norfolk local authority area for the corresponding sale date. Two of the three 4 NEW ROAD sales were for above the average price, whilst one was 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
2022 14 DEC	£410,000	£382,303	7% above HPI
2016 8 APR	£240,000	£252,461	5% below HPI
1995 30 NOV	£78,000	£57,411	36% above HPI

4 NEW ROAD 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 three 4 NEW ROAD sales between November 1995 and December 2022 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 2016 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the December 2022 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 4 NEW ROAD?

4 NEW ROAD is 125m², which includes one extension, according to the EPC inspection conducted in July 2022. This puts it in the smallest 20% of detached houses in North Runcton, based on EPC data. The below chart shows the distribution of detached houses by size in North Runcton, and where 4 NEW ROAD lies on this distribution: 16% of detached houses are smaller than 4 NEW ROAD, and 84% of houses are larger. Note that EPC data is not available for all properties in North Runcton.

4 NEW ROAD: Plot and Title Map

4 NEW ROAD sits on a plot of roughly 0.218 of an acre, or 884m². The below map shows the location of 4 NEW ROAD, 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 NEW ROAD). 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 NEW ROAD?

4 NEW ROAD is located in NORTH RUNCTON, in the PE33 postcode district. The below map shows the position of No. 4 on NEW ROAD.