SOUTHFIELDS, COMMON LANE, NORTH RUNCTON, KING'S LYNN, PE33 0RD - £380,000

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

SOUTHFIELDS is a large extended detached house of 209m², built sometime between 1976 and 1982. It was last sold for £380,000 in October 2018, which was around 28% above the average October 2018 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 D, and the potential energy rating was C.

SOUTHFIELDS Sold Prices

Land registry data shows two sales for SOUTHFIELDS 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 SOUTHFIELDS 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 17 OCT	£380,000	£297,977	28% above HPI
1998 26 JUN	£118,000	£73,470	61% above HPI

SOUTHFIELDS 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 SOUTHFIELDS sales from June 1998 and October 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 June 1998 sale was for 61% above the HPI. So the extrapolation line tracks at 61% above the HPI over time, until the October 2018 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is SOUTHFIELDS?

SOUTHFIELDS is 209m², which includes two extensions, according to the EPC inspection conducted in May 2016. This puts it in the largest 30% of detached houses in North Runcton, based on EPC data. The below chart shows the distribution of detached houses by size in North Runcton, and where SOUTHFIELDS lies on this distribution: 75% of detached houses are smaller than SOUTHFIELDS, and 24% of houses are larger. Note that EPC data is not available for all properties in North Runcton.

SOUTHFIELDS: Plot and Title Map

SOUTHFIELDS sits on a plot of roughly 0.168 of an acre, or 681m². The below map shows the location of SOUTHFIELDS, 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 SOUTHFIELDS). 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 SOUTHFIELDS?

SOUTHFIELDS is located on COMMON LANE in NORTH RUNCTON, in the PE33 postcode district. The below map shows the position of SOUTHFIELDS on COMMON LANE.