DERWENT HOUSE, BACK STREET, GAYTON, KING'S LYNN, PE32 1QR - £255,000

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

DERWENT HOUSE is a large detached house of 122m², built sometime between 1991 and 1995. It was last sold for £255,000 in May 2015, which was around 8% above the average May 2015 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was September 2014, where the current energy rating was E, and the potential energy rating was B.

DERWENT HOUSE Sold Prices

Land registry data shows three sales for DERWENT HOUSE 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 DERWENT HOUSE 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
2015 14 MAY	£255,000	£236,329	8% above HPI
2008 31 OCT	£230,000	£206,817	11% above HPI
2001 28 SEP	£135,000	£111,447	21% above HPI

DERWENT HOUSE 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 DERWENT HOUSE sales between September 2001 and May 2015 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 October 2008 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the May 2015 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is DERWENT HOUSE?

DERWENT HOUSE is 122m² according to the EPC inspection conducted in September 2014. This puts it in the largest 40% of detached houses in Gayton, based on EPC data. The below chart shows the distribution of detached houses by size in Gayton, and where DERWENT HOUSE lies on this distribution: 66% of detached houses are smaller than DERWENT HOUSE, and 33% of houses are larger. Note that EPC data is not available for all properties in Gayton.

DERWENT HOUSE: Plot and Title Map

DERWENT HOUSE sits on a plot of roughly 0.165 of an acre, or 668m². The below map shows the location of DERWENT HOUSE, 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 DERWENT HOUSE). 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 DERWENT HOUSE?

DERWENT HOUSE is located on BACK STREET in GAYTON, in the PE32 postcode district. The below map shows the position of DERWENT HOUSE on BACK STREET.