REDLANDS, DRUIDS LANE, LITCHAM, KING'S LYNN, PE32 2YA - £460,000

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

REDLANDS is a small extended detached house of 148m², built sometime between 1996 and 2002. It was last sold for £460,000 in February 2021, which was around 43% above the average February 2021 detached price in the Breckland local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was C.

REDLANDS Sold Prices

Land registry data shows four sales for REDLANDS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. All of the four REDLANDS 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 26 FEB	£460,000	£321,731	43% above HPI
2018 28 MAR	£335,000	£299,298	12% above HPI
2007 14 SEP	£278,000	£237,013	17% above HPI
1999 12 NOV	£115,000	£93,566	23% above HPI

REDLANDS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Breckland local authority area over time, sourced from the HPI. The four REDLANDS sales between November 1999 and February 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 March 2018 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the February 2021 sale, where it rises to 43% above the HPI. The line then continues to track at 43% above the HPI.

How Large is REDLANDS?

REDLANDS is 148m², which includes one extension, according to the EPC inspection conducted in May 2017. This puts it in the smallest 40% of detached houses in Litcham, based on EPC data. The below chart shows the distribution of detached houses by size in Litcham, and where REDLANDS lies on this distribution: 38% of detached houses are smaller than REDLANDS, and 63% of houses are larger. Note that EPC data is not available for all properties in Litcham.

REDLANDS: Plot and Title Map

REDLANDS sits on a plot of roughly 0.126 of an acre, or 510m². The below map shows the location of REDLANDS, 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 REDLANDS). 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 REDLANDS?

REDLANDS is located on DRUIDS LANE in LITCHAM, in the PE32 postcode district. The below map shows the position of REDLANDS on DRUIDS LANE.