8, OLD TOWN WAY, HUNSTANTON, PE36 6HE - £415,000

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.

8 OLD TOWN WAY is a very large extended detached house of 136m², built sometime between 1950 and 1966, which could now be worth an estimated £673,695. It was last sold for £415,000 in May 2014, which was around 85% above the average May 2014 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.

8 OLD TOWN WAY Sold Prices

Land registry data shows four sales for 8 OLD TOWN WAY 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 8 OLD TOWN WAY 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
2014 30 MAY	£415,000	£224,043	85% above HPI
2006 7 AUG	£295,000	£205,363	44% above HPI
2001 18 MAY	£168,000	£102,260	64% above HPI
1997 11 APR	£100,000	£70,274	42% above HPI

8 OLD TOWN WAY 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 8 OLD TOWN WAY sales between April 1997 and May 2014 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 2006 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the May 2014 sale, where it rises to 85% above the HPI. The line then continues to track at 85% above the HPI.

What might 8 OLD TOWN WAY be worth now?

8 OLD TOWN WAY might now be worth an estimated £673,695.

This is based on house price inflation of 62.3%, between May 2014 and March 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 62.3% inflationary increase is applied to the most recent sale price for 8 OLD TOWN WAY of £415,000 on 30th May 2014. For the value to have increased from £415,000 to £673,695 over the eleven years and two months to March 2025, the following assumptions must hold true:

• The value of 8 OLD TOWN WAY has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The May 2014 sale price of £415,000 represented a fair market value for the property.
• The size, condition, and specification of 8 OLD TOWN WAY has not materially changed since May 2014.

How Large is 8 OLD TOWN WAY?

8 OLD TOWN WAY is 136m², which includes one extension, according to the EPC inspection conducted in November 2014. This puts it in the largest 20% of detached houses houses in Hunstanton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hunstanton, and where 8 OLD TOWN WAY lies on this distribution: 80% of detached houses houses are smaller than 8 OLD TOWN WAY, and 20% of houses are larger. Note that EPC data is not available for all properties in Hunstanton.

8 OLD TOWN WAY: Plot and Title Map

8 OLD TOWN WAY sits on a plot of roughly 0.261 of an acre, or 1,057m². The below map shows the location of 8 OLD TOWN WAY, 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 OLD TOWN WAY). 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 OLD TOWN WAY?

8 OLD TOWN WAY is located in HUNSTANTON, in the PE36 postcode district. The below map shows the position of No. 8 on OLD TOWN WAY.