7, PAKENHAM DRIVE, DERSINGHAM, KING'S LYNN, PE31 6UA - £243,500

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

7 PAKENHAM DRIVE is a small detached house of 76m², built sometime between 1996 and 2002. It was last sold for £243,500 in March 2018, which was around 13% below the average March 2018 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

7 PAKENHAM DRIVE Sold Prices

Land registry data shows four sales for 7 PAKENHAM DRIVE 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. All of the four 7 PAKENHAM DRIVE 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 23 MAR	£243,500	£279,745	13% below HPI
2016 1 NOV	£212,000	£265,933	20% below HPI
2014 5 SEP	£180,000	£227,189	21% below HPI
2003 24 OCT	£148,500	£167,921	12% below HPI

7 PAKENHAM DRIVE 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 7 PAKENHAM DRIVE sales between October 2003 and March 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 November 2016 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the March 2018 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 7 PAKENHAM DRIVE?

7 PAKENHAM DRIVE is 76m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 30% of detached houses in Dersingham, based on EPC data. The below chart shows the distribution of detached houses by size in Dersingham, and where 7 PAKENHAM DRIVE lies on this distribution: 21% of detached houses are smaller than 7 PAKENHAM DRIVE, and 78% of houses are larger. Note that EPC data is not available for all properties in Dersingham.

7 PAKENHAM DRIVE: Plot and Title Map

7 PAKENHAM DRIVE sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 7 PAKENHAM DRIVE, 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 7 PAKENHAM DRIVE). 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 7 PAKENHAM DRIVE?

7 PAKENHAM DRIVE is located in DERSINGHAM, in the PE31 postcode district. The below map shows the position of No. 7 on PAKENHAM DRIVE.