HOMESTEAD, HILL ROAD, MIDDLETON, KING'S LYNN, PE32 1RW - £219,995

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

HOMESTEAD is a small extended detached house of 101m², built sometime between 1950 and 1966. It was last sold for £219,995 in September 2015, which was around 11% below the average September 2015 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was January 2011, where the current energy rating was E, and the potential energy rating was D.

HOMESTEAD Sold Prices

Land registry data shows five sales for HOMESTEAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the King's Lynn and West Norfolk local authority area for the corresponding sale date. The five HOMESTEAD sales were a mix of below the average price, roughly equal to the average price, and 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
2015 30 SEP	£219,995	£245,944	11% below HPI
2013 23 SEP	£180,000	£211,028	15% below HPI
2003 14 FEB	£149,000	£149,258	Close to HPI
2000 28 APR	£85,000	£86,134	1% below HPI
1997 27 JUN	£69,000	£66,822	3% above HPI

HOMESTEAD 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 five HOMESTEAD sales between June 1997 and September 2015 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 September 2013 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the September 2015 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is HOMESTEAD?

HOMESTEAD is 101m², which includes one extension, according to the EPC inspection conducted in January 2011. This puts it in the smallest 40% of detached houses in Middleton, based on EPC data. The below chart shows the distribution of detached houses by size in Middleton, and where HOMESTEAD lies on this distribution: 38% of detached houses are smaller than HOMESTEAD, and 62% of houses are larger. Note that EPC data is not available for all properties in Middleton.

HOMESTEAD: Plot and Title Map

HOMESTEAD sits on a plot of roughly 0.175 of an acre, or 708m². The below map shows the location of HOMESTEAD, 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 HOMESTEAD). 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 HOMESTEAD?

HOMESTEAD is located on HILL ROAD in MIDDLETON, in the PE32 postcode district. The below map shows the position of HOMESTEAD on HILL ROAD.