NICARDA, GRIMSTON ROAD, GAYTON, KING'S LYNN, PE32 1QA - £300,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

NICARDA is a midsized detached house of 99m², built sometime between 1976 and 1982. It was last sold for £300,000 in July 2022, which was around 17% below the average July 2022 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was B.

NICARDA Sold Prices

Land registry data shows two sales for NICARDA 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 NICARDA 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 18 JUL	£300,000	£360,693	17% below HPI
1999 24 FEB	£70,000	£74,916	7% below HPI

NICARDA 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 NICARDA sales from February 1999 and July 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 February 1999 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the July 2022 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is NICARDA?

NICARDA is 99m² according to the EPC inspection conducted in November 2021. This puts it in the smallest 50% of detached houses in Gayton, based on EPC data. The below chart shows the distribution of detached houses by size in Gayton, and where NICARDA lies on this distribution: 45% of detached houses are smaller than NICARDA, and 53% of houses are larger. Note that EPC data is not available for all properties in Gayton.

NICARDA: Plot and Title Map

NICARDA sits on a plot of roughly 0.133 of an acre, or 536m². The below map shows the location of NICARDA, 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 NICARDA). 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 NICARDA?

NICARDA is located on GRIMSTON ROAD in GAYTON, in the PE32 postcode district. The below map shows the position of NICARDA on GRIMSTON ROAD.