8, GRAVEL HILL LANE, WEST WINCH, KING'S LYNN, PE33 0QG - £250,000

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

8 GRAVEL HILL LANE is a small detached house of 89m², built sometime between 1976 and 1982. It was last sold for £250,000 in January 2017, which was around 6% below the average January 2017 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was July 2011, where the current energy rating was E, and the potential energy rating was D.

8 GRAVEL HILL LANE Sold Prices

Land registry data shows two sales for 8 GRAVEL HILL LANE 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 GRAVEL HILL LANE 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
2017 6 JAN	£250,000	£266,552	6% below HPI
2014 22 AUG	£160,000	£224,071	29% below HPI

8 GRAVEL HILL LANE 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 GRAVEL HILL LANE sales from August 2014 and January 2017 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 August 2014 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the January 2017 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 8 GRAVEL HILL LANE?

8 GRAVEL HILL LANE is 89m² according to the EPC inspection conducted in July 2011. This puts it in the smallest 30% of detached houses in West Winch, based on EPC data. The below chart shows the distribution of detached houses by size in West Winch, and where 8 GRAVEL HILL LANE lies on this distribution: 23% of detached houses are smaller than 8 GRAVEL HILL LANE, and 77% of houses are larger. Note that EPC data is not available for all properties in West Winch.

8 GRAVEL HILL LANE: Plot and Title Map

8 GRAVEL HILL LANE sits on a plot of roughly 0.113 of an acre, or 459m². The below map shows the location of 8 GRAVEL HILL LANE, 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 GRAVEL HILL LANE). 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 GRAVEL HILL LANE?

8 GRAVEL HILL LANE is located in WEST WINCH, in the PE33 postcode district. The below map shows the position of No. 8 on GRAVEL HILL LANE.