6, COMMON LANE, NORTH RUNCTON, KING'S LYNN, PE33 0RD - £262,500

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 COMMON LANE is a large extended detached house of 208m², built sometime between 1950 and 1966. It was last sold for £262,500 in July 2015, which was around 9% above the average July 2015 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was November 2023, where the current energy rating was D, and the potential energy rating was C.

6 COMMON LANE Sold Prices

Land registry data shows two sales for 6 COMMON 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 6 COMMON LANE sales were for above 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
2015 30 JUL	£262,500	£241,060	9% above HPI
2002 5 SEP	£188,000	£140,185	34% above HPI

6 COMMON 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 6 COMMON LANE sales from September 2002 and July 2015 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 September 2002 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the July 2015 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 6 COMMON LANE?

6 COMMON LANE is 208m², which includes two extensions, according to the EPC inspection conducted in November 2023. This puts it in the largest 30% of detached houses in North Runcton, based on EPC data. The below chart shows the distribution of detached houses by size in North Runcton, and where 6 COMMON LANE lies on this distribution: 72% of detached houses are smaller than 6 COMMON LANE, and 28% of houses are larger. Note that EPC data is not available for all properties in North Runcton.

6 COMMON LANE: Plot and Title Map

6 COMMON LANE sits on a plot of roughly 0.210 of an acre, or 852m². The below map shows the location of 6 COMMON 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 6 COMMON 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 6 COMMON LANE?

6 COMMON LANE is located in NORTH RUNCTON, in the PE33 postcode district. The below map shows the position of No. 6 on COMMON LANE.