THE APIARY, FURLONG ROAD, STOKE FERRY, KING'S LYNN, PE33 9SU - £220,000

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.

THE APIARY is a large detached house of 168m², built sometime before 1900, which could now be worth an estimated £286,281. It was last sold for £220,000 in June 2017, which was around 22% below the average June 2017 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was February 2017, where the current energy rating was F, and the potential energy rating was C.

THE APIARY Sold Prices

Land registry data shows two sales for THE APIARY 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 THE APIARY 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
2017 30 JUN	£220,000	£281,815	22% below HPI
2007 16 MAY	£231,500	£216,348	7% above HPI

THE APIARY 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 THE APIARY sales from May 2007 and June 2017 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 May 2007 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the June 2017 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might THE APIARY be worth now?

THE APIARY might now be worth an estimated £286,281.

This is based on house price inflation of 30.1%, between June 2017 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 30.1% inflationary increase is applied to the most recent sale price for THE APIARY of £220,000 on 30th June 2017. For the value to have increased from £220,000 to £286,281 over the eight years and four months to February 2025, the following assumptions must hold true:

• The value of THE APIARY has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The June 2017 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of THE APIARY has not materially changed since June 2017.

How Large is THE APIARY?

THE APIARY is 168m² according to the EPC inspection conducted in February 2017. This puts it in the largest 30% of detached houses houses in Stoke Ferry, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stoke Ferry, and where THE APIARY lies on this distribution: 75% of detached houses houses are smaller than THE APIARY, and 25% of houses are larger. Note that EPC data is not available for all properties in Stoke Ferry.

THE APIARY: Plot and Title Map

THE APIARY sits on a plot of roughly 0.120 of an acre, or 486m². The below map shows the location of THE APIARY, 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 THE APIARY). 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 THE APIARY?

THE APIARY is located on FURLONG ROAD in STOKE FERRY, in the PE33 postcode district. The below map shows the position of THE APIARY on FURLONG ROAD.