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
56 HUNGATE ROAD is a very large extended detached house of 169m², built sometime between 1930 and 1949. It was last sold for £225,000 in August 2018, which was around 23% below the average August 2018 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 56 HUNGATE ROAD since 1st January 1995. The below table shows the price paid for the three 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 three 56 HUNGATE ROAD 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 |
---|---|---|---|
2018 22 AUG | £225,000 | £291,056 | 23% below HPI |
1997 11 JUN | £49,500 | £66,822 | 26% below HPI |
1995 28 APR | £41,000 | £61,372 | 33% below HPI |
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 three 56 HUNGATE ROAD sales between April 1995 and August 2018 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 June 1997 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the August 2018 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.
56 HUNGATE ROAD is 169m², which includes one extension, according to the EPC inspection conducted in September 2022. This puts it in the largest 20% of detached houses in Emneth, based on EPC data. The below chart shows the distribution of detached houses by size in Emneth, and where 56 HUNGATE ROAD lies on this distribution: 86% of detached houses are smaller than 56 HUNGATE ROAD, and 14% of houses are larger. Note that EPC data is not available for all properties in Emneth.
56 HUNGATE ROAD sits on a plot of roughly 0.191 of an acre, or 772m². The below map shows the location of 56 HUNGATE 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 56 HUNGATE 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.
56 HUNGATE ROAD is located in EMNETH, in the PE14 postcode district. The below map shows the position of No. 56 on HUNGATE ROAD.