8, CEDAR GROVE, NORTH RUNCTON, KING'S LYNN, PE33 0QY - £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

8 CEDAR GROVE is a very small extended detached house of 127m², built sometime between 1950 and 1966. It was last sold for £225,000 in March 2018, which was around 20% below the average March 2018 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was October 2010, where the current energy rating was E, and the potential energy rating was D.

8 CEDAR GROVE Sold Prices

Land registry data shows two sales for 8 CEDAR GROVE 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 8 CEDAR GROVE 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 28 MAR	£225,000	£279,745	20% below HPI
2011 11 JAN	£167,000	£210,327	21% below HPI

8 CEDAR GROVE 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 8 CEDAR GROVE sales from January 2011 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 January 2011 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the March 2018 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 8 CEDAR GROVE?

8 CEDAR GROVE is 127m², which includes one extension, according to the EPC inspection conducted in October 2010. This puts it in the smallest 20% 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 8 CEDAR GROVE lies on this distribution: 18% of detached houses are smaller than 8 CEDAR GROVE, and 82% of houses are larger. Note that EPC data is not available for all properties in North Runcton.

8 CEDAR GROVE: Plot and Title Map

8 CEDAR GROVE sits on a plot of roughly 0.185 of an acre, or 749m². The below map shows the location of 8 CEDAR GROVE, 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 8 CEDAR GROVE). 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 8 CEDAR GROVE?

8 CEDAR GROVE is located in NORTH RUNCTON, in the PE33 postcode district. The below map shows the position of No. 8 on CEDAR GROVE.