5, MERCEDES AVENUE, HUNSTANTON, PE36 5EJ - £315,000

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.

5 MERCEDES AVENUE is a large detached house of 113m², built sometime between 2003 and 2006, which could now be worth an estimated £466,474. It was last sold for £315,000 in August 2015, which was around 27% above the average August 2015 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was April 2015, where the current energy rating was C, and the potential energy rating was B.

5 MERCEDES AVENUE Sold Prices

Land registry data shows two sales for 5 MERCEDES AVENUE 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. One of the two 5 MERCEDES AVENUE sales was for above the average price, whilst the other was 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
2015 12 AUG	£315,000	£247,638	27% above HPI
2002 14 MAR	£75,266	£122,101	38% below HPI

5 MERCEDES AVENUE 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 5 MERCEDES AVENUE sales from March 2002 and August 2015 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 March 2002 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the August 2015 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

What might 5 MERCEDES AVENUE be worth now?

5 MERCEDES AVENUE might now be worth an estimated £466,474.

This is based on house price inflation of 48.1%, between August 2015 and February 2025, for 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 48.1% inflationary increase is applied to the most recent sale price for 5 MERCEDES AVENUE of £315,000 on 12th August 2015. For the value to have increased from £315,000 to £466,474 over the ten years and six months to February 2025, the following assumptions must hold true:

• The value of 5 MERCEDES AVENUE has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The August 2015 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 5 MERCEDES AVENUE has not materially changed since August 2015.

How Large is 5 MERCEDES AVENUE?

5 MERCEDES AVENUE is 113m² according to the EPC inspection conducted in April 2015. This puts it in the largest 40% of detached houses houses in Hunstanton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hunstanton, and where 5 MERCEDES AVENUE lies on this distribution: 64% of detached houses houses are smaller than 5 MERCEDES AVENUE, and 36% of houses are larger. Note that EPC data is not available for all properties in Hunstanton.

5 MERCEDES AVENUE: Plot and Title Map

5 MERCEDES AVENUE sits on a plot of roughly 0.149 of an acre, or 602m². The below map shows the location of 5 MERCEDES AVENUE, 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 MERCEDES AVENUE). 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 5 MERCEDES AVENUE?

5 MERCEDES AVENUE is located in HUNSTANTON, in the PE36 postcode district. The below map shows the position of No. 5 on MERCEDES AVENUE.