50, MILL ROAD, WATLINGTON, KING'S LYNN, PE33 0HJ - £227,500

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

50 MILL ROAD is a large extended detached house of 126m², built sometime between 2003 and 2006. It was last sold for £227,500 in March 2006, which was around 22% above the average March 2006 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was June 2023, where the current energy rating was C, and the potential energy rating was B.

50 MILL ROAD Sold Prices

Land registry data shows two sales for 50 MILL ROAD 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 50 MILL ROAD 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
2006 24 MAR	£227,500	£185,860	22% above HPI
2004 20 MAY	£88,000	£170,835	48% below HPI

50 MILL ROAD 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 50 MILL ROAD sales from May 2004 and March 2006 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 May 2004 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the March 2006 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is 50 MILL ROAD?

50 MILL ROAD is 126m², which includes one extension, according to the EPC inspection conducted in June 2023. This puts it in the largest 30% of detached houses in Watlington, based on EPC data. The below chart shows the distribution of detached houses by size in Watlington, and where 50 MILL ROAD lies on this distribution: 70% of detached houses are smaller than 50 MILL ROAD, and 30% of houses are larger. Note that EPC data is not available for all properties in Watlington.

50 MILL ROAD: Plot and Title Map

50 MILL ROAD sits on a plot of roughly 0.142 of an acre, or 573m². The below map shows the location of 50 MILL 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 50 MILL 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.

Where is 50 MILL ROAD?

50 MILL ROAD is located in WATLINGTON, in the PE33 postcode district. The below map shows the position of No. 50 on MILL ROAD.