THE CHALET, SANDY WAY, INGOLDISTHORPE, KING'S LYNN, PE31 6NJ - £320,000

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

THE CHALET is a very small detached house of 73m², built sometime between 1967 and 1975. It was last sold for £320,000 in October 2018, which was around 7% above the average October 2018 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was November 2011, where the current energy rating was D, and the potential energy rating was C.

THE CHALET Sold Prices

Land registry data shows two sales for THE CHALET 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 THE CHALET 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 19 OCT	£320,000	£297,977	7% above HPI
2014 7 FEB	£228,000	£217,077	5% above HPI

THE CHALET 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 CHALET sales from February 2014 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 February 2014 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the October 2018 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is THE CHALET?

THE CHALET is 73m² according to the EPC inspection conducted in November 2011. This puts it in the smallest 20% of detached houses in Ingoldisthorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Ingoldisthorpe, and where THE CHALET lies on this distribution: 13% of detached houses are smaller than THE CHALET, and 88% of houses are larger. Note that EPC data is not available for all properties in Ingoldisthorpe.

THE CHALET: Plot and Title Map

THE CHALET sits on a plot of roughly 0.109 of an acre, or 441m². The below map shows the location of THE CHALET, 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 CHALET). 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 CHALET?

THE CHALET is located on SANDY WAY in INGOLDISTHORPE, in the PE31 postcode district. The below map shows the position of THE CHALET on SANDY WAY.