FRANKLEN, STATION ROAD, EAST WINCH, KING'S LYNN, PE32 1NR - £220,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

FRANKLEN is a very large extended detached house of 111m², built sometime between 1967 and 1975. It was last sold for £220,000 in September 2017, which was around 22% below the average September 2017 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was B.

FRANKLEN Sold Prices

Land registry data shows two sales for FRANKLEN 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 FRANKLEN 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 15 SEP	£220,000	£282,891	22% below HPI
2009 8 DEC	£163,000	£195,637	17% below HPI

FRANKLEN 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 FRANKLEN sales from December 2009 and September 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 December 2009 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the September 2017 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is FRANKLEN?

FRANKLEN is 111m², which includes one extension, according to the EPC inspection conducted in June 2016. This puts it in the largest 20% of detached houses in East Winch, based on EPC data. The below chart shows the distribution of detached houses by size in East Winch, and where FRANKLEN lies on this distribution: 81% of detached houses are smaller than FRANKLEN, and 19% of houses are larger. Note that EPC data is not available for all properties in East Winch.

FRANKLEN: Plot and Title Map

FRANKLEN sits on a plot of roughly 0.255 of an acre, or 1,030m². The below map shows the location of FRANKLEN, 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 FRANKLEN). 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 FRANKLEN?

FRANKLEN is located on STATION ROAD in EAST WINCH, in the PE32 postcode district. The below map shows the position of FRANKLEN on STATION ROAD.