THE GABLES, CHURCH ROAD, WEST DEREHAM, KING'S LYNN, PE33 9RF - £330,000

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 GABLES is a very small detached house of 95m², built sometime between 1976 and 1982, which could now be worth an estimated £370,489. It was last sold for £330,000 in August 2021, which was around 1% above the average August 2021 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was May 2021, where the current energy rating was D, and the potential energy rating was C.

THE GABLES Sold Prices

Land registry data shows two sales for THE GABLES 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 GABLES sales was for above the average price, whilst the other was for below 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
2021 18 AUG	£330,000	£326,643	1% above HPI
2005 8 APR	£160,000	£188,248	15% below HPI

THE GABLES 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 GABLES sales from April 2005 and August 2021 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 April 2005 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the August 2021 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might THE GABLES be worth now?

THE GABLES might now be worth an estimated £370,489.

This is based on house price inflation of 12.3%, between August 2021 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 12.3% inflationary increase is applied to the most recent sale price for THE GABLES of £330,000 on 18th August 2021. For the value to have increased from £330,000 to £370,489 over the four years and six months to February 2025, the following assumptions must hold true:

• The value of THE GABLES has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The August 2021 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of THE GABLES has not materially changed since August 2021.

How Large is THE GABLES?

THE GABLES is 95m² according to the EPC inspection conducted in May 2021. This puts it in the smallest 20% of detached houses houses in West Dereham, based on EPC data. The below chart shows the distribution of detached houses houses by size in West Dereham, and where THE GABLES lies on this distribution: 17% of detached houses houses are smaller than THE GABLES, and 83% of houses are larger. Note that EPC data is not available for all properties in West Dereham.

THE GABLES: Plot and Title Map

THE GABLES sits on a plot of roughly 0.308 of an acre, or 1,245m². The below map shows the location of THE GABLES, 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 GABLES). 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 GABLES?

THE GABLES is located on CHURCH ROAD in WEST DEREHAM, in the PE33 postcode district. The below map shows the position of THE GABLES on CHURCH ROAD.