OLDFIELD, PLOUGHMANS PIECE, THORNHAM, HUNSTANTON, PE36 6NE - £532,000

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

OLDFIELD is a midsized detached house of 145m², built sometime between 1976 and 1982. It was last sold for £532,000 in January 2021, which was around 71% above the average January 2021 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was C.

OLDFIELD Sold Prices

Land registry data shows two sales for OLDFIELD 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 OLDFIELD 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
2021 7 JAN	£532,000	£311,237	71% above HPI
2005 16 DEC	£217,500	£197,755	10% above HPI

OLDFIELD 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 OLDFIELD sales from December 2005 and January 2021 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 2005 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the January 2021 sale, where it rises to 71% above the HPI. The line then continues to track at 71% above the HPI.

How Large is OLDFIELD?

OLDFIELD is 145m² according to the EPC inspection conducted in May 2019. This puts it in the smallest 50% of detached houses in Thornham, based on EPC data. The below chart shows the distribution of detached houses by size in Thornham, and where OLDFIELD lies on this distribution: 43% of detached houses are smaller than OLDFIELD, and 57% of houses are larger. Note that EPC data is not available for all properties in Thornham.

OLDFIELD: Plot and Title Map

OLDFIELD sits on a plot of roughly 0.202 of an acre, or 816m². The below map shows the location of OLDFIELD, 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 OLDFIELD). 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 OLDFIELD?

OLDFIELD is located on PLOUGHMANS PIECE in THORNHAM, in the PE36 postcode district. The below map shows the position of OLDFIELD on PLOUGHMANS PIECE.