MARSUKI, STANHOE ROAD, DOCKING, KING'S LYNN, PE31 8NJ - £195,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

MARSUKI is a very small extended detached house of 86m², built sometime between 1900 and 1929, which could now be worth an estimated £194,679. It was last sold for £195,000 in June 2022, which was around 47% below the average June 2022 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was September 2012, where the current energy rating was D, and the potential energy rating was B.

MARSUKI Sold Prices

Land registry data shows three sales for MARSUKI since 1^st January 1995. The below table shows the price paid for the three 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 three MARSUKI 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
2022 29 JUN	£195,000	£367,325	47% below HPI
2019 11 APR	£190,000	£296,489	36% below HPI
1995 28 JUN	£55,000	£61,983	11% below HPI

MARSUKI 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 three MARSUKI sales between June 1995 and June 2022 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 April 2019 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the June 2022 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

What might MARSUKI be worth now?

MARSUKI might now be worth an estimated £194,679.

This is based on house price deflation of 0.2%, between June 2022 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 0.2% deflationary decrease is applied to the most recent sale price for MARSUKI of £195,000 on 29th June 2022. For the value to have decreased from £195,000 to £194,679 over the three years and four months to February 2025, the following assumptions must hold true:

• The value of MARSUKI has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The June 2022 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of MARSUKI has not materially changed since June 2022.

How Large is MARSUKI?

MARSUKI is 86m², which includes one extension, according to the EPC inspection conducted in September 2012. This puts it in the smallest 20% of detached houses houses in Docking, based on EPC data. The below chart shows the distribution of detached houses houses by size in Docking, and where MARSUKI lies on this distribution: 12% of detached houses houses are smaller than MARSUKI, and 88% of houses are larger. Note that EPC data is not available for all properties in Docking.

MARSUKI: Plot and Title Map

MARSUKI sits on a plot of roughly 0.173 of an acre, or 701m². The below map shows the location of MARSUKI, 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 MARSUKI). 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 MARSUKI?

MARSUKI is located on STANHOE ROAD in DOCKING, in the PE31 postcode district. The below map shows the position of MARSUKI on STANHOE ROAD.