THE GROVE, MASSINGHAM ROAD, CASTLE ACRE, KING'S LYNN, PE32 2BG - £900,000

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 GROVE is a very large detached house of 281m², built sometime before 1900. It was last sold for £900,000 in February 2010, which was around 332% above the average February 2010 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was October 2008, where the current energy rating was F, and the potential energy rating was E.

THE GROVE Sold Prices

Land registry data shows two sales for THE GROVE 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 GROVE 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
2010 26 FEB	£900,000	£208,192	332% above HPI
2006 4 AUG	£950,000	£199,841	375% above HPI

THE GROVE 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 GROVE sales from August 2006 and February 2010 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 2006 sale was for 375% above the HPI. So the extrapolation line tracks at 375% above the HPI over time, until the February 2010 sale, where it falls to 332% above the HPI. The line then continues to track at 332% above the HPI.

How Large is THE GROVE?

THE GROVE is 281m² according to the EPC inspection conducted in October 2008. This puts it in the largest 20% of detached houses in Castle Acre, based on EPC data. The below chart shows the distribution of detached houses by size in Castle Acre, and where THE GROVE lies on this distribution: 90% of detached houses are smaller than THE GROVE, and 10% of houses are larger. Note that EPC data is not available for all properties in Castle Acre.

THE GROVE: Plot and Title Map

THE GROVE sits on a plot of roughly 1.3 acres, or 5,166m². The below map shows the location of THE GROVE, 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 GROVE). 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 GROVE?

THE GROVE is located on MASSINGHAM ROAD in CASTLE ACRE, in the PE32 postcode district. The below map shows the position of THE GROVE on MASSINGHAM ROAD.