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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

61 WESTGATE STREET is a large detached house of 150m², built in 2022, which could now be worth an estimated £500,699. It was last sold for £495,000 in May 2022, which was around 37% 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	£362,546	37% above HPI
2020 1 DEC	£150,000	£325,266	54% 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 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the May 2022 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

What might 61 WESTGATE STREET be worth now?

61 WESTGATE STREET might now be worth an estimated £500,699.

This is based on house price inflation of 1.2%, between May 2022 and February 2025, 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 1.2% inflationary increase is applied to the most recent sale price for 61 WESTGATE STREET of £495,000 on 20th May 2022. For the value to have increased from £495,000 to £500,699 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of 61 WESTGATE STREET has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The May 2022 sale price of £495,000 represented a fair market value for the property.
• The size, condition, and specification of 61 WESTGATE STREET has not materially changed since May 2022.

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 houses in Shouldham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shouldham, and where 61 WESTGATE STREET lies on this distribution: 79% of detached houses 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.