SPINNEY HOUSE, LYNN ROAD, SETCHEY, KING'S LYNN, PE33 0BD - £205,000

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

SPINNEY HOUSE is a midsized detached house of 146m², built sometime between 1983 and 1990. It was last sold for £205,000 in May 2014, which was around 6% below the average May 2014 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was C.

SPINNEY HOUSE Sold Prices

Land registry data shows two sales for SPINNEY HOUSE 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. One of the two SPINNEY HOUSE sales was for below the average price, whilst the other was 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
2014 23 MAY	£205,000	£218,019	6% below HPI
1998 27 AUG	£125,000	£75,005	67% above HPI

SPINNEY HOUSE 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 SPINNEY HOUSE sales from August 1998 and May 2014 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 August 1998 sale was for 67% above the HPI. So the extrapolation line tracks at 67% above the HPI over time, until the May 2014 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is SPINNEY HOUSE?

SPINNEY HOUSE is 146m² according to the EPC inspection conducted in November 2013. This puts it in the largest 50% of detached houses in Setchey, based on EPC data. The below chart shows the distribution of detached houses by size in Setchey, and where SPINNEY HOUSE lies on this distribution: 52% of detached houses are smaller than SPINNEY HOUSE, and 48% of houses are larger. Note that EPC data is not available for all properties in Setchey.

SPINNEY HOUSE: Plot and Title Map

SPINNEY HOUSE sits on a plot of roughly 0.216 of an acre, or 874m². The below map shows the location of SPINNEY HOUSE, 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 SPINNEY HOUSE). 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 SPINNEY HOUSE?

SPINNEY HOUSE is located on LYNN ROAD in SETCHEY, in the PE33 postcode district. The below map shows the position of SPINNEY HOUSE on LYNN ROAD.