7, SILVER DRIVE, DERSINGHAM, KING'S LYNN, PE31 6YB - £225,000

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

7 SILVER DRIVE is a small detached house of 81m², built sometime between 1991 and 1995. It was last sold for £225,000 in April 2010, which was around 8% above the average April 2010 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was April 2009, where the current energy rating was E, and the potential energy rating was D.

7 SILVER DRIVE Sold Prices

Land registry data shows three sales for 7 SILVER DRIVE since 1^st January 1995. The below table shows the price paid for the three 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 three 7 SILVER DRIVE 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
2010 29 APR	£225,000	£208,248	8% above HPI
2003 28 NOV	£210,000	£162,697	29% above HPI
1997 7 NOV	£78,500	£69,388	13% above HPI

7 SILVER 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 three 7 SILVER DRIVE sales between November 1997 and April 2010 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 2003 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the April 2010 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 7 SILVER DRIVE?

7 SILVER DRIVE is 81m² according to the EPC inspection conducted in April 2009. This puts it in the smallest 40% 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 SILVER DRIVE lies on this distribution: 32% of detached houses are smaller than 7 SILVER DRIVE, and 68% of houses are larger. Note that EPC data is not available for all properties in Dersingham.

7 SILVER DRIVE: Plot and Title Map

7 SILVER DRIVE sits on a plot of roughly 0.115 of an acre, or 464m². The below map shows the location of 7 SILVER 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 SILVER 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 SILVER DRIVE?

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