50, SOUTHGATE LANE, SNETTISHAM, KING'S LYNN, PE31 7QN - £334,750

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

50 SOUTHGATE LANE is a small extended detached house of 84m², built sometime between 1983 and 1990. It was last sold for £334,750 in October 2022, which was around 12% below the average October 2022 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was January 2016, where the current energy rating was C, and the potential energy rating was B.

50 SOUTHGATE LANE Sold Prices

Land registry data shows four sales for 50 SOUTHGATE LANE since 1^st January 1995. The below table shows the price paid for the four 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 four 50 SOUTHGATE LANE 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
2022 28 OCT	£334,750	£379,590	12% below HPI
2020 12 NOV	£245,000	£313,891	22% below HPI
2006 31 AUG	£149,500	£199,841	25% below HPI
1999 10 DEC	£60,000	£85,017	29% below HPI

50 SOUTHGATE LANE 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 four 50 SOUTHGATE LANE sales between December 1999 and October 2022 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 November 2020 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the October 2022 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 50 SOUTHGATE LANE?

50 SOUTHGATE LANE is 84m², which includes one extension, according to the EPC inspection conducted in January 2016. This puts it in the smallest 40% of detached houses in Snettisham, based on EPC data. The below chart shows the distribution of detached houses by size in Snettisham, and where 50 SOUTHGATE LANE lies on this distribution: 34% of detached houses are smaller than 50 SOUTHGATE LANE, and 65% of houses are larger. Note that EPC data is not available for all properties in Snettisham.

50 SOUTHGATE LANE: Plot and Title Map

50 SOUTHGATE LANE sits on a plot of roughly 0.092 of an acre, or 374m². The below map shows the location of 50 SOUTHGATE LANE, 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 SOUTHGATE LANE). 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 SOUTHGATE LANE?

50 SOUTHGATE LANE is located in SNETTISHAM, in the PE31 postcode district. The below map shows the position of No. 50 on SOUTHGATE LANE.