5, OLD TOWN WAY, HUNSTANTON, PE36 6HE - £365,000

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 OLD TOWN WAY is a large extended detached house of 114m², built sometime between 1950 and 1966. It was last sold for £365,000 in January 2016, which was around 48% above the average January 2016 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was September 2015, where the current energy rating was E, and the potential energy rating was B.

5 OLD TOWN WAY Sold Prices

Land registry data shows two sales for 5 OLD TOWN WAY 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 5 OLD TOWN WAY 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
2016 22 JAN	£365,000	£246,264	48% above HPI
1999 26 FEB	£118,000	£74,916	58% above HPI

5 OLD TOWN WAY 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 OLD TOWN WAY sales from February 1999 and January 2016 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 1999 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the January 2016 sale, where it falls to 48% above the HPI. The line then continues to track at 48% above the HPI.

How Large is 5 OLD TOWN WAY?

5 OLD TOWN WAY is 114m², which includes one extension, according to the EPC inspection conducted in September 2015. This puts it in the largest 40% of detached houses in Hunstanton, based on EPC data. The below chart shows the distribution of detached houses by size in Hunstanton, and where 5 OLD TOWN WAY lies on this distribution: 65% of detached houses are smaller than 5 OLD TOWN WAY, and 35% of houses are larger. Note that EPC data is not available for all properties in Hunstanton.

5 OLD TOWN WAY: Plot and Title Map

5 OLD TOWN WAY sits on a plot of roughly 0.190 of an acre, or 768m². The below map shows the location of 5 OLD TOWN WAY, 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 OLD TOWN WAY). 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 OLD TOWN WAY?

5 OLD TOWN WAY is located in HUNSTANTON, in the PE36 postcode district. The below map shows the position of No. 5 on OLD TOWN WAY.