45, GROVELANDS, INGOLDISTHORPE, KING'S LYNN, PE31 6PG - £227,500

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 GROVELANDS is a very small detached house of 65m², built sometime between 1976 and 1982. It was last sold for £227,500 in January 2017, which was around 15% below the average January 2017 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was July 2016, where the current energy rating was C, and the potential energy rating was B.

45 GROVELANDS Sold Prices

Land registry data shows two sales for 45 GROVELANDS 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 GROVELANDS 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
2017 12 JAN	£227,500	£266,552	15% below HPI
2015 5 FEB	£152,000	£229,816	34% below HPI

45 GROVELANDS 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 GROVELANDS sales from February 2015 and January 2017 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 February 2015 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the January 2017 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 45 GROVELANDS?

45 GROVELANDS is 65m² according to the EPC inspection conducted in July 2016. This puts it in the smallest 10% of detached houses in Ingoldisthorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Ingoldisthorpe, and where 45 GROVELANDS lies on this distribution: 9% of detached houses are smaller than 45 GROVELANDS, and 91% of houses are larger. Note that EPC data is not available for all properties in Ingoldisthorpe.

45 GROVELANDS: Plot and Title Map

45 GROVELANDS sits on a plot of roughly 0.109 of an acre, or 441m². The below map shows the location of 45 GROVELANDS, 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 GROVELANDS). 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 GROVELANDS?

45 GROVELANDS is located in INGOLDISTHORPE, in the PE31 postcode district. The below map shows the position of No. 45 on GROVELANDS.