GLADWIN, LYNN ROAD, STOKE FERRY, KING'S LYNN, PE33 9SW - £302,500

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.

GLADWIN is a midsized extended detached house of 110m², built sometime between 1930 and 1949, which could now be worth an estimated £366,914. It was last sold for £302,500 in May 2020, which was about the average May 2020 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was C.

GLADWIN Sold Prices

Land registry data shows four sales for GLADWIN 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. The four GLADWIN sales were a mix of roughly equal to the average price, above the average price, and 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
2020 18 MAY	£302,500	£302,340	Close to HPI
2006 24 AUG	£204,000	£205,363	1% below HPI
2002 13 MAR	£125,000	£122,101	2% above HPI
2001 12 APR	£89,500	£97,428	8% below HPI

GLADWIN 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 GLADWIN sales between April 2001 and May 2020 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 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the May 2020 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might GLADWIN be worth now?

GLADWIN might now be worth an estimated £366,914.

This is based on house price inflation of 21.3%, between May 2020 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 21.3% inflationary increase is applied to the most recent sale price for GLADWIN of £302,500 on 18th May 2020. For the value to have increased from £302,500 to £366,914 over the five years and three months to February 2025, the following assumptions must hold true:

• The value of GLADWIN has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The May 2020 sale price of £302,500 represented a fair market value for the property.
• The size, condition, and specification of GLADWIN has not materially changed since May 2020.

How Large is GLADWIN?

GLADWIN is 110m², which includes two extensions, according to the EPC inspection conducted in August 2019. This puts it in the smallest 50% of detached houses houses in Stoke Ferry, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stoke Ferry, and where GLADWIN lies on this distribution: 49% of detached houses houses are smaller than GLADWIN, and 50% of houses are larger. Note that EPC data is not available for all properties in Stoke Ferry.

GLADWIN: Plot and Title Map

GLADWIN sits on a plot of roughly 0.241 of an acre, or 975m². The below map shows the location of GLADWIN, 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 GLADWIN). 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 GLADWIN?

GLADWIN is located on LYNN ROAD in STOKE FERRY, in the PE33 postcode district. The below map shows the position of GLADWIN on LYNN ROAD.