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

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.

HOMESTEAD is a small extended detached house of 101m², built sometime between 1950 and 1966, which could now be worth an estimated £319,208. It was last sold for £219,995 in September 2015, which was around 13% 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, and roughly equal to 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	£252,740	13% below HPI
2013 23 SEP	£180,000	£216,859	17% below HPI
2003 14 FEB	£149,000	£153,382	3% below HPI
2000 28 APR	£85,000	£88,514	4% below HPI
1997 27 JUN	£69,000	£68,668	Close to 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 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the September 2015 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might HOMESTEAD be worth now?

HOMESTEAD might now be worth an estimated £319,208.

This is based on house price inflation of 45.1%, between September 2015 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 45.1% inflationary increase is applied to the most recent sale price for HOMESTEAD of £219,995 on 30th September 2015. For the value to have increased from £219,995 to £319,208 over the ten years and seven months to February 2025, the following assumptions must hold true:

• The value of HOMESTEAD has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The September 2015 sale price of £219,995 represented a fair market value for the property.
• The size, condition, and specification of HOMESTEAD has not materially changed since September 2015.

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 houses in Middleton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Middleton, and where HOMESTEAD lies on this distribution: 37% of detached houses houses are smaller than HOMESTEAD, and 63% 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.