Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
48 STATION ROAD is a small detached house of 78m², built sometime between 1967 and 1975. It was last sold for £160,000 in January 2014, which was around 25% below the average January 2014 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was November 2012, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 48 STATION ROAD since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the King's Lynn and West Norfolk local authority area for the corresponding sale date. All of the three 48 STATION ROAD 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 |
---|---|---|---|
2014 10 JAN | £160,000 | £212,994 | 25% below HPI |
2000 1 JUL | £74,950 | £94,190 | 20% below HPI |
1995 12 MAY | £43,000 | £61,005 | 30% below 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 three 48 STATION ROAD sales between May 1995 and January 2014 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 July 2000 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the January 2014 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.
48 STATION ROAD is 78m² according to the EPC inspection conducted in November 2012. This puts it in the smallest 30% of detached houses in Clenchwarton, based on EPC data. The below chart shows the distribution of detached houses by size in Clenchwarton, and where 48 STATION ROAD lies on this distribution: 25% of detached houses are smaller than 48 STATION ROAD, and 73% of houses are larger. Note that EPC data is not available for all properties in Clenchwarton.
48 STATION ROAD sits on a plot of roughly 0.211 of an acre, or 853m². The below map shows the location of 48 STATION ROAD, 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 48 STATION ROAD). 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.
48 STATION ROAD is located in CLENCHWARTON, in the PE34 postcode district. The below map shows the position of No. 48 on STATION ROAD.