51, PAYNES LANE, FELTWELL, THETFORD, IP26 4BB - £159,995

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

51 PAYNES LANE is a midsized extended detached house of 98m², built sometime between 1967 and 1975, which could now be worth an estimated £346,872. It was last sold for £159,995 in October 2003, which was around 7% below the average October 2003 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was July 2015, where the current energy rating was E, and the potential energy rating was B.

51 PAYNES LANE Sold Prices

Land registry data shows two sales for 51 PAYNES LANE 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 51 PAYNES 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
2003 28 OCT	£159,995	£172,561	7% below HPI
2000 4 AUG	£39,000	£96,330	60% below HPI

51 PAYNES 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 two 51 PAYNES LANE sales from August 2000 and October 2003 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 August 2000 sale was for 60% below the HPI. So the extrapolation line tracks at 60% below the HPI over time, until the October 2003 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 51 PAYNES LANE be worth now?

51 PAYNES LANE might now be worth an estimated £346,872.

This is based on house price inflation of 116.8%, between October 2003 and December 2024, 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 116.8% inflationary increase is applied to the most recent sale price for 51 PAYNES LANE of £159,995 on 28th October 2003. For the value to have increased from £159,995 to £346,872 over the twenty years and ten months to December 2024, the following assumptions must hold true:

• The value of 51 PAYNES LANE has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The October 2003 sale price of £159,995 represented a fair market value for the property.
• The size, condition, and specification of 51 PAYNES LANE has not materially changed since October 2003.

How Large is 51 PAYNES LANE?

51 PAYNES LANE is 98m², which includes one extension, according to the EPC inspection conducted in July 2015. This puts it in the smallest 50% of detached houses houses in Feltwell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Feltwell, and where 51 PAYNES LANE lies on this distribution: 46% of detached houses houses are smaller than 51 PAYNES LANE, and 53% of houses are larger. Note that EPC data is not available for all properties in Feltwell.

51 PAYNES LANE: Plot and Title Map

51 PAYNES LANE sits on a plot of roughly 0.150 of an acre, or 607m². The below map shows the location of 51 PAYNES 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 51 PAYNES 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 51 PAYNES LANE?

51 PAYNES LANE is located in FELTWELL, in the IP26 postcode district. The below map shows the position of No. 51 on PAYNES LANE.