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
45 CEDAR GROVE is a small extended detached house of 143m², built sometime between 1967 and 1975. It was last sold for £550,000 in August 2022, which was around 49% above the average August 2022 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was March 2022, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows two sales for 45 CEDAR GROVE since 1st 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 45 CEDAR GROVE 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 |
---|---|---|---|
2022 3 AUG | £550,000 | £369,609 | 49% above HPI |
2012 23 JAN | £245,000 | £206,552 | 19% above HPI |
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 45 CEDAR GROVE sales from January 2012 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 2012 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the August 2022 sale, where it rises to 49% above the HPI. The line then continues to track at 49% above the HPI.
45 CEDAR GROVE is 143m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the smallest 40% 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 45 CEDAR GROVE lies on this distribution: 31% of detached houses are smaller than 45 CEDAR GROVE, and 68% of houses are larger. Note that EPC data is not available for all properties in North Runcton.
45 CEDAR GROVE sits on a plot of roughly 0.276 of an acre, or 1,119m². The below map shows the location of 45 CEDAR GROVE, 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 45 CEDAR GROVE). 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.
45 CEDAR GROVE is located in NORTH RUNCTON, in the PE33 postcode district. The below map shows the position of No. 45 on CEDAR GROVE.