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
MAYFIELD is a large extended detached house of 146m², built sometime between 1950 and 1966. It was last sold for £146,000 in November 2012, which was around 28% below the average November 2012 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for MAYFIELD since 1st 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 MAYFIELD 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 |
---|---|---|---|
2012 2 NOV | £146,000 | £202,161 | 28% below HPI |
1997 12 NOV | £45,000 | £69,388 | 35% below HPI |
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 MAYFIELD sales from November 1997 and November 2012 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 November 1997 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the November 2012 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.
MAYFIELD is 146m², which includes two extensions, according to the EPC inspection conducted in May 2015. This puts it in the largest 30% of detached houses in Walpole Highway, based on EPC data. The below chart shows the distribution of detached houses by size in Walpole Highway, and where MAYFIELD lies on this distribution: 69% of detached houses are smaller than MAYFIELD, and 29% of houses are larger. Note that EPC data is not available for all properties in Walpole Highway.
MAYFIELD sits on a plot of roughly 0.304 of an acre, or 1,229m². The below map shows the location of MAYFIELD, 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 MAYFIELD). 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.
MAYFIELD is located on SCHOOL ROAD in WALPOLE HIGHWAY, in the PE14 postcode district. The below map shows the position of MAYFIELD on SCHOOL ROAD.