4, NURSERY WAY, GRIMSTON, KING'S LYNN, PE32 1DQ - £229,500

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 NURSERY WAY is a very small semi-detached house of 63m², built sometime between 1967 and 1975, which could now be worth an estimated £225,665. It was last sold for £229,500 in October 2023, which was around 8% below the average October 2023 semi-detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was August 2023, where the current energy rating was D, and the potential energy rating was B.

4 NURSERY WAY Sold Prices

Land registry data shows two sales for 4 NURSERY WAY 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 4 NURSERY WAY 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
2023 20 OCT	£229,500	£248,617	8% below HPI
2013 31 MAY	£132,000	£139,230	5% below HPI

4 NURSERY WAY 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 4 NURSERY WAY sales from May 2013 and October 2023 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 2013 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the October 2023 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 4 NURSERY WAY be worth now?

4 NURSERY WAY might now be worth an estimated £225,665.

This is based on house price deflation of 1.7%, between October 2023 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 1.7% deflationary decrease is applied to the most recent sale price for 4 NURSERY WAY of £229,500 on 20th October 2023. For the value to have decreased from £229,500 to £225,665 over the two years and eight months to February 2025, the following assumptions must hold true:

• The value of 4 NURSERY WAY has moved in line with the HPI for semi-detached houses in the King's Lynn and West Norfolk local authority area.
• The October 2023 sale price of £229,500 represented a fair market value for the property.
• The size, condition, and specification of 4 NURSERY WAY has not materially changed since October 2023.

How Large is 4 NURSERY WAY?

4 NURSERY WAY is 63m² according to the EPC inspection conducted in August 2023. 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 4 NURSERY WAY lies on this distribution: 3% of semi-detached houses houses are smaller than 4 NURSERY WAY, and 96% of houses are larger. Note that EPC data is not available for all properties in Grimston.

4 NURSERY WAY: Plot and Title Map

4 NURSERY WAY sits on a plot of roughly 0.090 of an acre, or 364m². The below map shows the location of 4 NURSERY 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 NURSERY 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.

Where is 4 NURSERY WAY?

4 NURSERY WAY is located in GRIMSTON, in the PE32 postcode district. The below map shows the position of No. 4 on NURSERY WAY.