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
OAK HOUSE is a midsized extended detached house of 102m², built sometime between 1996 and 2002. It was last sold for £240,000 in February 2015, which was around 4% above the average February 2015 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was February 2010, where the current energy rating was D, and the potential energy rating was D.
Land registry data shows three sales for OAK HOUSE since 1st 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 OAK HOUSE sales were for 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 20 FEB | £240,000 | £229,816 | 4% above HPI |
2010 3 DEC | £220,000 | £208,513 | 6% above HPI |
2001 21 JUN | £125,000 | £101,294 | 23% above 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 three OAK HOUSE sales between June 2001 and February 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 December 2010 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the February 2015 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.
OAK HOUSE is 102m², which includes one extension, according to the EPC inspection conducted in February 2010. 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 OAK HOUSE lies on this distribution: 48% of detached houses are smaller than OAK HOUSE, and 52% of houses are larger. Note that EPC data is not available for all properties in Gayton.
OAK HOUSE sits on a plot of roughly 0.126 of an acre, or 509m². The below map shows the location of OAK HOUSE, 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 OAK HOUSE). 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.
OAK HOUSE is located on WINCH ROAD in GAYTON, in the PE32 postcode district. The below map shows the position of OAK HOUSE on WINCH ROAD.