4, SILVER DRIVE, DERSINGHAM, KING'S LYNN, PE31 6YB - £425,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

4 SILVER DRIVE is a very large detached house of 134m², built sometime between 1967 and 1975, which could now be worth an estimated £418,614. It was last sold for £425,000 in August 2022, which was around 12% above the average August 2022 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was September 2009, where the current energy rating was E, and the potential energy rating was C.

4 SILVER DRIVE Sold Prices

Land registry data shows four sales for 4 SILVER DRIVE 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. two of the four 4 SILVER DRIVE sales were for above the average price, and four 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
2022 24 AUG	£425,000	£379,822	12% above HPI
2020 17 JAN	£280,000	£300,298	7% below HPI
2010 27 MAY	£200,000	£216,055	7% below HPI
2000 8 DEC	£115,000	£101,482	13% above HPI

4 SILVER DRIVE 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 SILVER DRIVE sales between December 2000 and August 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 January 2020 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the August 2022 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 4 SILVER DRIVE be worth now?

4 SILVER DRIVE might now be worth an estimated £418,614.

This is based on house price deflation of 1.5%, between August 2022 and December 2024, 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 1.5% deflationary decrease is applied to the most recent sale price for 4 SILVER DRIVE of £425,000 on 24th August 2022. For the value to have decreased from £425,000 to £418,614 over the one year and eight months to December 2024, the following assumptions must hold true:

• The value of 4 SILVER DRIVE has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The August 2022 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 4 SILVER DRIVE has not materially changed since August 2022.

How Large is 4 SILVER DRIVE?

4 SILVER DRIVE is 134m² according to the EPC inspection conducted in September 2009. This puts it in the largest 20% of detached houses houses in Dersingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Dersingham, and where 4 SILVER DRIVE lies on this distribution: 83% of detached houses houses are smaller than 4 SILVER DRIVE, and 17% of houses are larger. Note that EPC data is not available for all properties in Dersingham.

4 SILVER DRIVE: Plot and Title Map

4 SILVER DRIVE sits on a plot of roughly 0.153 of an acre, or 620m². The below map shows the location of 4 SILVER DRIVE, 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 SILVER DRIVE). 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 SILVER DRIVE?

4 SILVER DRIVE is located in DERSINGHAM, in the PE31 postcode district. The below map shows the position of No. 4 on SILVER DRIVE.