45, COMMON LANE, NORTH RUNCTON, KING'S LYNN, PE33 0RD - £417,500

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 COMMON LANE is a small extended detached house of 143m², built sometime between 1950 and 1966. It was last sold for £417,500 in June 2019, which was around 43% above the average June 2019 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was October 2018, where the current energy rating was E, and the potential energy rating was C.

45 COMMON LANE Sold Prices

Land registry data shows two sales for 45 COMMON 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 45 COMMON 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
2019 27 JUN	£417,500	£291,499	43% above HPI
2018 3 JAN	£325,000	£285,640	14% above HPI

45 COMMON 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 45 COMMON LANE sales from January 2018 and June 2019 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 2018 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the June 2019 sale, where it rises to 43% above the HPI. The line then continues to track at 43% above the HPI.

How Large is 45 COMMON LANE?

45 COMMON LANE is 143m², which includes two extensions, according to the EPC inspection conducted in October 2018. 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 COMMON LANE lies on this distribution: 31% of detached houses are smaller than 45 COMMON LANE, and 68% of houses are larger. Note that EPC data is not available for all properties in North Runcton.

45 COMMON LANE: Plot and Title Map

45 COMMON LANE sits on a plot of roughly 0.258 of an acre, or 1,045m². The below map shows the location of 45 COMMON 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 45 COMMON 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 45 COMMON LANE?

45 COMMON LANE is located in NORTH RUNCTON, in the PE33 postcode district. The below map shows the position of No. 45 on COMMON LANE.