GRAFTON, WINCH ROAD, GAYTON, KING'S LYNN, PE32 1QP - £317,500

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

GRAFTON is a midsized extended detached house of 99m², built sometime between 1967 and 1975. It was last sold for £317,500 in July 2024, which was around 11% below the average July 2024 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was C.

GRAFTON Sold Prices

Land registry data shows four sales for GRAFTON 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. All of the four GRAFTON 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
2024 29 JUL	£317,500	£357,116	11% below HPI
2020 27 AUG	£250,000	£299,060	16% below HPI
2018 15 OCT	£247,500	£297,977	17% below HPI
2017 23 MAR	£135,000	£271,096	50% below HPI

GRAFTON 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 GRAFTON sales between March 2017 and July 2024 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 2020 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the July 2024 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is GRAFTON?

GRAFTON is 99m², which includes two extensions, according to the EPC inspection conducted in February 2018. This puts it in the smallest 50% of detached houses in Gayton, based on EPC data. The below chart shows the distribution of detached houses by size in Gayton, and where GRAFTON lies on this distribution: 45% of detached houses are smaller than GRAFTON, and 53% of houses are larger. Note that EPC data is not available for all properties in Gayton.

GRAFTON: Plot and Title Map

GRAFTON sits on a plot of roughly 0.144 of an acre, or 581m². The below map shows the location of GRAFTON, 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 GRAFTON). 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 GRAFTON?

GRAFTON is located on WINCH ROAD in GAYTON, in the PE32 postcode district. The below map shows the position of GRAFTON on WINCH ROAD.