HAYMEADOW BARN, HYTHE ROAD, METHWOLD, THETFORD, IP26 4PS - £400,000

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.

HAYMEADOW BARN is a very large detached house of 223m², built sometime before 1900, which could now be worth an estimated £510,264. It was last sold for £400,000 in March 2018, which was around 39% above the average March 2018 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was March 2016, where the current energy rating was E, and the potential energy rating was C.

HAYMEADOW BARN Sold Prices

Land registry data shows four sales for HAYMEADOW BARN 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. two of the four HAYMEADOW BARN sales were for above the average price, and four 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
2018 16 MAR	£400,000	£287,475	39% above HPI
2016 21 OCT	£370,000	£271,291	36% above HPI
2001 30 OCT	£45,000	£116,468	61% below HPI
1998 7 AUG	£33,000	£77,078	57% below HPI

HAYMEADOW BARN 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 HAYMEADOW BARN sales between August 1998 and March 2018 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 2016 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the March 2018 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.

What might HAYMEADOW BARN be worth now?

HAYMEADOW BARN might now be worth an estimated £510,264.

This is based on house price inflation of 27.6%, between March 2018 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 27.6% inflationary increase is applied to the most recent sale price for HAYMEADOW BARN of £400,000 on 16th March 2018. For the value to have increased from £400,000 to £510,264 over the seven years and one month to February 2025, the following assumptions must hold true:

• The value of HAYMEADOW BARN has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The March 2018 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of HAYMEADOW BARN has not materially changed since March 2018.

How Large is HAYMEADOW BARN?

HAYMEADOW BARN is 223m² according to the EPC inspection conducted in March 2016. This puts it in the largest 10% of detached houses houses in Methwold, based on EPC data. The below chart shows the distribution of detached houses houses by size in Methwold, and where HAYMEADOW BARN lies on this distribution: 96% of detached houses houses are smaller than HAYMEADOW BARN, and 4% of houses are larger. Note that EPC data is not available for all properties in Methwold.

HAYMEADOW BARN: Plot and Title Map

HAYMEADOW BARN sits on a plot of roughly 0.184 of an acre, or 744m². The below map shows the location of HAYMEADOW BARN, 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 HAYMEADOW BARN). 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 HAYMEADOW BARN?

HAYMEADOW BARN is located on HYTHE ROAD in METHWOLD, in the IP26 postcode district. The below map shows the position of HAYMEADOW BARN on HYTHE ROAD.