SKYLARK, TOWN LANE, BRANCASTER STAITHE, KING'S LYNN, PE31 8BT - £645,000

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.

SKYLARK is a large detached house of 183m², which could now be worth an estimated £818,773. It was last sold for £645,000 in February 2018, which was around 123% above the average February 2018 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 C, and the potential energy rating was A.

SKYLARK Sold Prices

Land registry data shows two sales for SKYLARK 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 SKYLARK 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
2018 9 FEB	£645,000	£288,889	123% above HPI
2015 30 APR	£585,000	£241,786	142% above HPI

SKYLARK 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 SKYLARK sales from April 2015 and February 2018 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 April 2015 sale was for 142% above the HPI. So the extrapolation line tracks at 142% above the HPI over time, until the February 2018 sale, where it falls to 123% above the HPI. The line then continues to track at 123% above the HPI.

What might SKYLARK be worth now?

SKYLARK might now be worth an estimated £818,773.

This is based on house price inflation of 26.9%, between February 2018 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 26.9% inflationary increase is applied to the most recent sale price for SKYLARK of £645,000 on 9th February 2018. For the value to have increased from £645,000 to £818,773 over the seven years to February 2025, the following assumptions must hold true:

• The value of SKYLARK has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The February 2018 sale price of £645,000 represented a fair market value for the property.
• The size, condition, and specification of SKYLARK has not materially changed since February 2018.

How Large is SKYLARK?

SKYLARK is 183m² according to the EPC inspection conducted in April 2015. This puts it in the largest 40% of detached houses houses in Brancaster Staithe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Brancaster Staithe, and where SKYLARK lies on this distribution: 65% of detached houses houses are smaller than SKYLARK, and 34% of houses are larger. Note that EPC data is not available for all properties in Brancaster Staithe.

SKYLARK: Plot and Title Map

SKYLARK sits on a plot of roughly 0.093 of an acre, or 378m². The below map shows the location of SKYLARK, 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 SKYLARK). 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 SKYLARK?

SKYLARK is located on TOWN LANE in BRANCASTER STAITHE, in the PE31 postcode district. The below map shows the position of SKYLARK on TOWN LANE.