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
FIVE KEYS is a very large extended detached house of 171m², built sometime between 1996 and 2002. It was last sold for £187,500 in October 2003, which was around 12% above the average October 2003 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was December 2018, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for FIVE KEYS since 1st 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 FIVE KEYS 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 |
---|---|---|---|
2003 17 OCT | £187,500 | £167,921 | 12% above HPI |
1996 16 AUG | £79,000 | £62,171 | 27% above HPI |
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 FIVE KEYS sales from August 1996 and October 2003 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 1996 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the October 2003 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.
FIVE KEYS is 171m², which includes one extension, according to the EPC inspection conducted in December 2018. This puts it in the largest 20% of detached houses in Gayton, based on EPC data. The below chart shows the distribution of detached houses by size in Gayton, and where FIVE KEYS lies on this distribution: 85% of detached houses are smaller than FIVE KEYS, and 15% of houses are larger. Note that EPC data is not available for all properties in Gayton.
FIVE KEYS sits on a plot of roughly 0.250 of an acre, or 1,011m². The below map shows the location of FIVE KEYS, 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 FIVE KEYS). 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.
FIVE KEYS is located on WINCH ROAD in GAYTON, in the PE32 postcode district. The below map shows the position of FIVE KEYS on WINCH ROAD.