43, FOUNDRY LANE, RINGSTEAD, HUNSTANTON, PE36 5LE - £595,000

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

43 FOUNDRY LANE is a very large extended detached house of 253m², built sometime between 1996 and 2002. It was last sold for £595,000 in November 2015, which was around 138% above the average November 2015 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was November 2017, where the current energy rating was B, and the potential energy rating was A.

43 FOUNDRY LANE Sold Prices

Land registry data shows two sales for 43 FOUNDRY LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the King's Lynn and West Norfolk local authority area for the corresponding sale date. Both of the two 43 FOUNDRY LANE sales were for above 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
2015 16 NOV	£595,000	£250,512	138% above HPI
1999 29 OCT	£163,000	£85,394	91% above HPI

43 FOUNDRY LANE 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 two 43 FOUNDRY LANE sales from October 1999 and November 2015 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 October 1999 sale was for 91% above the HPI. So the extrapolation line tracks at 91% above the HPI over time, until the November 2015 sale, where it rises to 138% above the HPI. The line then continues to track at 138% above the HPI.

How Large is 43 FOUNDRY LANE?

43 FOUNDRY LANE is 253m², which includes three extensions, according to the EPC inspection conducted in November 2017. This puts it in the largest 10% of detached houses in Ringstead, based on EPC data. The below chart shows the distribution of detached houses by size in Ringstead, and where 43 FOUNDRY LANE lies on this distribution: More than 99% of detached houses are smaller than 43 FOUNDRY LANE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Ringstead.

43 FOUNDRY LANE: Plot and Title Map

43 FOUNDRY LANE sits on a plot of roughly 0.177 of an acre, or 714m². The below map shows the location of 43 FOUNDRY LANE, 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 43 FOUNDRY LANE). 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 43 FOUNDRY LANE?

43 FOUNDRY LANE is located in RINGSTEAD, in the PE36 postcode district. The below map shows the position of No. 43 on FOUNDRY LANE.