6, CHALK WAY, METHWOLD, THETFORD, IP26 4NU - £275,000

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

6 CHALK WAY is a large extended detached house of 149m², built sometime between 2003 and 2006. It was last sold for £275,000 in July 2014, which was around 23% above the average July 2014 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was February 2013, where the current energy rating was C, and the potential energy rating was B.

6 CHALK WAY Sold Prices

Land registry data shows four sales for 6 CHALK WAY 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. two of the four 6 CHALK WAY sales were for above the average price, and four 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
2014 18 JUL	£275,000	£223,815	23% above HPI
2005 18 NOV	£249,950	£193,246	29% above HPI
2004 3 NOV	£60,000	£184,178	67% below HPI
2004 8 MAR	£85,000	£167,041	49% below HPI

6 CHALK 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 four 6 CHALK WAY sales between March 2004 and July 2014 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 2005 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the July 2014 sale, where it falls to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is 6 CHALK WAY?

6 CHALK WAY is 149m², which includes one extension, according to the EPC inspection conducted in February 2013. This puts it in the largest 40% of detached houses in Methwold, based on EPC data. The below chart shows the distribution of detached houses by size in Methwold, and where 6 CHALK WAY lies on this distribution: 64% of detached houses are smaller than 6 CHALK WAY, and 35% of houses are larger. Note that EPC data is not available for all properties in Methwold.

6 CHALK WAY: Plot and Title Map

6 CHALK WAY sits on a plot of roughly 0.154 of an acre, or 623m². The below map shows the location of 6 CHALK 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 6 CHALK 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 6 CHALK WAY?

6 CHALK WAY is located in METHWOLD, in the IP26 postcode district. The below map shows the position of No. 6 on CHALK WAY.