TARXIEN, BACK STREET, GAYTON, KING'S LYNN, PE32 1QR - £450,000

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.

TARXIEN is a midsized extended detached house of 117m², built sometime between 1976 and 1982, which could now be worth an estimated £448,681. It was last sold for £450,000 in August 2024, which was around 22% above the average August 2024 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was C.

TARXIEN Sold Prices

Land registry data shows two sales for TARXIEN 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 TARXIEN 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
2024 7 AUG	£450,000	£367,798	22% above HPI
2012 20 JUL	£217,500	£209,154	4% above HPI

TARXIEN 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 TARXIEN sales from July 2012 and August 2024 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 July 2012 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the August 2024 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might TARXIEN be worth now?

TARXIEN might now be worth an estimated £448,681.

This is based on house price deflation of 0.3%, between August 2024 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 0.3% deflationary decrease is applied to the most recent sale price for TARXIEN of £450,000 on 7th August 2024. For the value to have decreased from £450,000 to £448,681 over the one year and six months to February 2025, the following assumptions must hold true:

• The value of TARXIEN has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The August 2024 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of TARXIEN has not materially changed since August 2024.

How Large is TARXIEN?

TARXIEN is 117m², which includes three extensions, according to the EPC inspection conducted in July 2022. This puts it in the largest 40% of detached houses houses in Gayton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gayton, and where TARXIEN lies on this distribution: 60% of detached houses houses are smaller than TARXIEN, and 40% of houses are larger. Note that EPC data is not available for all properties in Gayton.

TARXIEN: Plot and Title Map

TARXIEN sits on a plot of roughly 0.123 of an acre, or 498m². The below map shows the location of TARXIEN, 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 TARXIEN). 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 TARXIEN?

TARXIEN is located on BACK STREET in GAYTON, in the PE32 postcode district. The below map shows the position of TARXIEN on BACK STREET.