4, WALNUT PLACE, GOODERSTONE, KING'S LYNN, PE33 9DE - £227,500

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 WALNUT PLACE is a very small detached house of 93m², built sometime between 1950 and 1966, which could now be worth an estimated £266,031. It was last sold for £227,500 in August 2020, which was around 28% below the average August 2020 detached price in the Breckland local authority area. The most recent EPC inspection was January 2017, where the current energy rating was F, and the potential energy rating was A.

4 WALNUT PLACE Sold Prices

Land registry data shows three sales for 4 WALNUT PLACE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. All of the three 4 WALNUT PLACE 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 28 AUG	£227,500	£314,616	28% below HPI
2016 26 AUG	£185,000	£278,018	33% below HPI
2007 29 JUN	£160,000	£230,567	31% below HPI

4 WALNUT PLACE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Breckland local authority area over time, sourced from the HPI. The three 4 WALNUT PLACE sales between June 2007 and August 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 August 2016 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the August 2020 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 4 WALNUT PLACE be worth now?

4 WALNUT PLACE might now be worth an estimated £266,031.

This is based on house price inflation of 16.9%, between August 2020 and December 2024, for detached houses, in the Breckland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.9% inflationary increase is applied to the most recent sale price for 4 WALNUT PLACE of £227,500 on 28th August 2020. For the value to have increased from £227,500 to £266,031 over the three years and eight months to December 2024, the following assumptions must hold true:

• The value of 4 WALNUT PLACE has moved in line with the HPI for detached houses in the Breckland local authority area.
• The August 2020 sale price of £227,500 represented a fair market value for the property.
• The size, condition, and specification of 4 WALNUT PLACE has not materially changed since August 2020.

How Large is 4 WALNUT PLACE?

4 WALNUT PLACE is 93m² according to the EPC inspection conducted in January 2017. This puts it in the smallest 20% of detached houses houses in Gooderstone, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gooderstone, and where 4 WALNUT PLACE lies on this distribution: 14% of detached houses houses are smaller than 4 WALNUT PLACE, and 86% of houses are larger. Note that EPC data is not available for all properties in Gooderstone.

4 WALNUT PLACE: Plot and Title Map

4 WALNUT PLACE sits on a plot of roughly 0.122 of an acre, or 495m². The below map shows the location of 4 WALNUT PLACE, 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 WALNUT PLACE). 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 WALNUT PLACE?

4 WALNUT PLACE is located in GOODERSTONE, in the PE33 postcode district. The below map shows the position of No. 4 on WALNUT PLACE.