45A, PAYNES LANE, FELTWELL, THETFORD, IP26 4BB - £195,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

45A PAYNES LANE is a large semi-detached house of 114m², built sometime between 2003 and 2006, which could now be worth an estimated £266,435. It was last sold for £195,000 in February 2017, which was around 9% above the average February 2017 semi-detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was May 2012, where the current energy rating was C, and the potential energy rating was B.

45A PAYNES LANE Sold Prices

Land registry data shows four sales for 45A PAYNES LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the King's Lynn and West Norfolk local authority area for the corresponding sale date. All of the four 45A PAYNES 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
2017 8 FEB	£195,000	£178,919	9% above HPI
2013 4 JUN	£145,000	£140,273	3% above HPI
2007 4 MAY	£174,950	£146,564	19% above HPI
2006 28 APR	£159,950	£130,910	22% above HPI

45A PAYNES LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the King's Lynn and West Norfolk local authority area over time, sourced from the HPI. The four 45A PAYNES LANE sales between April 2006 and February 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 June 2013 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the February 2017 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 45A PAYNES LANE be worth now?

45A PAYNES LANE might now be worth an estimated £266,435.

This is based on house price inflation of 36.6%, between February 2017 and February 2025, for semi-detached houses, in the King's Lynn and West Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 36.6% inflationary increase is applied to the most recent sale price for 45A PAYNES LANE of £195,000 on 8th February 2017. For the value to have increased from £195,000 to £266,435 over the eight years to February 2025, the following assumptions must hold true:

• The value of 45A PAYNES LANE has moved in line with the HPI for semi-detached houses in the King's Lynn and West Norfolk local authority area.
• The February 2017 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 45A PAYNES LANE has not materially changed since February 2017.

How Large is 45A PAYNES LANE?

45A PAYNES LANE is 114m² according to the EPC inspection conducted in May 2012. This puts it in the largest 40% of semi-detached houses houses in Feltwell, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Feltwell, and where 45A PAYNES LANE lies on this distribution: 63% of semi-detached houses houses are smaller than 45A PAYNES LANE, and 36% of houses are larger. Note that EPC data is not available for all properties in Feltwell.

45A PAYNES LANE: Plot and Title Map

45A PAYNES LANE sits on a plot of roughly 0.072 of an acre, or 291m². The below map shows the location of 45A PAYNES 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 45A PAYNES 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 45A PAYNES LANE?

45A PAYNES LANE is located in FELTWELL, in the IP26 postcode district. The below map shows the position of No. 45A on PAYNES LANE.