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
5 ELMTREE GROVE is a very small detached house of 85m², built sometime between 1967 and 1975. It was last sold for £225,000 in January 2020, which was around 23% below the average January 2020 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 5 ELMTREE GROVE 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 5 ELMTREE GROVE 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 |
---|---|---|---|
2020 31 JAN | £225,000 | £292,223 | 23% below HPI |
2010 11 JUN | £165,000 | £208,693 | 21% below HPI |
1997 31 OCT | £50,000 | £67,986 | 26% 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 5 ELMTREE GROVE sales between October 1997 and January 2020 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 2010 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the January 2020 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.
5 ELMTREE GROVE is 85m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 20% of detached houses in West Winch, based on EPC data. The below chart shows the distribution of detached houses by size in West Winch, and where 5 ELMTREE GROVE lies on this distribution: 17% of detached houses are smaller than 5 ELMTREE GROVE, and 82% of houses are larger. Note that EPC data is not available for all properties in West Winch.
5 ELMTREE GROVE sits on a plot of roughly 0.114 of an acre, or 463m². The below map shows the location of 5 ELMTREE 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 5 ELMTREE 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.
5 ELMTREE GROVE is located in WEST WINCH, in the PE33 postcode district. The below map shows the position of No. 5 on ELMTREE GROVE.