HIGH ORCHARD, CHEQUERS LANE, NORTH RUNCTON, KING'S LYNN, PE33 0QN - £500,000

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.

HIGH ORCHARD is a very large extended detached house of 227m², built sometime before 1900, which could now be worth an estimated £569,561. It was last sold for £500,000 in February 2021, which was around 55% above the average February 2021 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was August 2020, where the current energy rating was E, and the potential energy rating was C.

HIGH ORCHARD Sold Prices

Land registry data shows two sales for HIGH ORCHARD 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 HIGH ORCHARD 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
2021 12 FEB	£500,000	£321,932	55% above HPI
2007 26 OCT	£400,000	£226,396	77% above HPI

HIGH ORCHARD 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 HIGH ORCHARD sales from October 2007 and February 2021 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 2007 sale was for 77% above the HPI. So the extrapolation line tracks at 77% above the HPI over time, until the February 2021 sale, where it falls to 55% above the HPI. The line then continues to track at 55% above the HPI.

What might HIGH ORCHARD be worth now?

HIGH ORCHARD might now be worth an estimated £569,561.

This is based on house price inflation of 13.9%, between February 2021 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 13.9% inflationary increase is applied to the most recent sale price for HIGH ORCHARD of £500,000 on 12th February 2021. For the value to have increased from £500,000 to £569,561 over the four years to February 2025, the following assumptions must hold true:

• The value of HIGH ORCHARD has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The February 2021 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of HIGH ORCHARD has not materially changed since February 2021.

How Large is HIGH ORCHARD?

HIGH ORCHARD is 227m², which includes two extensions, according to the EPC inspection conducted in August 2020. This puts it in the largest 20% of detached houses houses in North Runcton, based on EPC data. The below chart shows the distribution of detached houses houses by size in North Runcton, and where HIGH ORCHARD lies on this distribution: 80% of detached houses houses are smaller than HIGH ORCHARD, and 20% of houses are larger. Note that EPC data is not available for all properties in North Runcton.

HIGH ORCHARD: Plot and Title Map

HIGH ORCHARD sits on a plot of roughly 1.0 acres, or 4,233m². The below map shows the location of HIGH ORCHARD, 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 HIGH ORCHARD). 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 HIGH ORCHARD?

HIGH ORCHARD is located on CHEQUERS LANE in NORTH RUNCTON, in the PE33 postcode district. The below map shows the position of HIGH ORCHARD on CHEQUERS LANE.