8, THE GROVE, GRIMSTON, KING'S LYNN, PE32 1DG - £172,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

8 THE GROVE is a small detached house of 90m², built sometime between 1967 and 1975, which could now be worth an estimated £283,856. It was last sold for £172,000 in July 2007, which was around 23% below the average July 2007 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was B.

8 THE GROVE Sold Prices

Land registry data shows two sales for 8 THE 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 THE 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
2007 17 JUL	£172,000	£222,211	23% below HPI
1999 12 MAR	£66,000	£76,589	14% below HPI

8 THE 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 THE GROVE sales from March 1999 and July 2007 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 March 1999 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the July 2007 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 8 THE GROVE be worth now?

8 THE GROVE might now be worth an estimated £283,856.

This is based on house price inflation of 65%, between July 2007 and February 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 65% inflationary increase is applied to the most recent sale price for 8 THE GROVE of £172,000 on 17th July 2007. For the value to have increased from £172,000 to £283,856 over the eighteen years and five months to February 2025, the following assumptions must hold true:

• The value of 8 THE GROVE has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The July 2007 sale price of £172,000 represented a fair market value for the property.
• The size, condition, and specification of 8 THE GROVE has not materially changed since July 2007.

How Large is 8 THE GROVE?

8 THE GROVE is 90m² according to the EPC inspection conducted in May 2018. This puts it in the smallest 30% of detached houses houses in Grimston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Grimston, and where 8 THE GROVE lies on this distribution: 28% of detached houses houses are smaller than 8 THE GROVE, and 71% of houses are larger. Note that EPC data is not available for all properties in Grimston.

8 THE GROVE: Plot and Title Map

8 THE GROVE sits on a plot of roughly 0.087 of an acre, or 353m². The below map shows the location of 8 THE 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 THE 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 THE GROVE?

8 THE GROVE is located in GRIMSTON, in the PE32 postcode district. The below map shows the position of No. 8 on THE GROVE.