61, WESTGATE STREET, SHOULDHAM, KING'S LYNN, PE33 0BL - £495,000

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

61 WESTGATE STREET is a large detached house of 150m², built in 2022. It was last sold for £495,000 in May 2022, which was around 40% above the average May 2022 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was March 2022, where the current energy rating was B, and the potential energy rating was B.

61 WESTGATE STREET Sold Prices

Land registry data shows two sales for 61 WESTGATE STREET 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. One of the two 61 WESTGATE STREET sales was for above the average price, whilst the other was 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 20 MAY	£495,000	£352,797	40% above HPI
2020 1 DEC	£150,000	£316,520	53% below HPI

61 WESTGATE STREET 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 61 WESTGATE STREET sales from December 2020 and May 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 December 2020 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the May 2022 sale, where it rises to 40% above the HPI. The line then continues to track at 40% above the HPI.

How Large is 61 WESTGATE STREET?

61 WESTGATE STREET is 150m² according to the EPC inspection conducted in March 2022. This puts it in the largest 30% of detached houses in Shouldham, based on EPC data. The below chart shows the distribution of detached houses by size in Shouldham, and where 61 WESTGATE STREET lies on this distribution: 79% of detached houses are smaller than 61 WESTGATE STREET, and 21% of houses are larger. Note that EPC data is not available for all properties in Shouldham.

61 WESTGATE STREET: Plot and Title Map

61 WESTGATE STREET sits on a plot of roughly 0.132 of an acre, or 535m². The below map shows the location of 61 WESTGATE STREET, 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 61 WESTGATE STREET). 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 61 WESTGATE STREET?

61 WESTGATE STREET is located in SHOULDHAM, in the PE33 postcode district. The below map shows the position of No. 61 on WESTGATE STREET.