OAKLEES, STATION ROAD, DOCKING, KING'S LYNN, PE31 8LT - £289,565

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.

OAKLEES is a small detached house of 123m², built sometime between 1950 and 1966, which could now be worth an estimated £508,248. It was last sold for £289,565 in August 2012, which was around 39% above the average August 2012 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was May 2016, where the current energy rating was E, and the potential energy rating was A.

OAKLEES Sold Prices

Land registry data shows two sales for OAKLEES 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 OAKLEES 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
2012 23 AUG	£289,565	£208,932	39% above HPI
2001 2 MAY	£133,000	£102,260	30% above HPI

OAKLEES 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 OAKLEES sales from May 2001 and August 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 May 2001 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the August 2012 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.

What might OAKLEES be worth now?

OAKLEES might now be worth an estimated £508,248.

This is based on house price inflation of 75.5%, between August 2012 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 75.5% inflationary increase is applied to the most recent sale price for OAKLEES of £289,565 on 23rd August 2012. For the value to have increased from £289,565 to £508,248 over the thirteen years and six months to February 2025, the following assumptions must hold true:

• The value of OAKLEES has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The August 2012 sale price of £289,565 represented a fair market value for the property.
• The size, condition, and specification of OAKLEES has not materially changed since August 2012.

How Large is OAKLEES?

OAKLEES is 123m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 40% 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 OAKLEES lies on this distribution: 33% of detached houses houses are smaller than OAKLEES, and 67% of houses are larger. Note that EPC data is not available for all properties in Docking.

OAKLEES: Plot and Title Map

OAKLEES sits on a plot of roughly 0.309 of an acre, or 1,249m². The below map shows the location of OAKLEES, 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 OAKLEES). 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 OAKLEES?

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