PENMON, GAYTON ROAD, EAST WINCH, KING'S LYNN, PE32 1NW - £168,500

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

PENMON is a small detached house of 89m², built sometime between 1991 and 1995. It was last sold for £168,500 in September 2015, which was around 31% below the average September 2015 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was April 2015, where the current energy rating was E, and the potential energy rating was C.

PENMON Sold Prices

Land registry data shows two sales for PENMON 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 PENMON 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
2015 18 SEP	£168,500	£245,944	31% below HPI
1997 20 JUN	£63,000	£66,822	6% below HPI

PENMON 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 PENMON sales from June 1997 and September 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 June 1997 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the September 2015 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is PENMON?

PENMON is 89m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 40% of detached houses in East Winch, based on EPC data. The below chart shows the distribution of detached houses by size in East Winch, and where PENMON lies on this distribution: 31% of detached houses are smaller than PENMON, and 66% of houses are larger. Note that EPC data is not available for all properties in East Winch.

PENMON: Plot and Title Map

PENMON sits on a plot of roughly 0.140 of an acre, or 565m². The below map shows the location of PENMON, 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 PENMON). 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 PENMON?

PENMON is located on GAYTON ROAD in EAST WINCH, in the PE32 postcode district. The below map shows the position of PENMON on GAYTON ROAD.