THE LAURELS, NARBOROUGH ROAD, PENTNEY, KING'S LYNN, PE32 1JH - £370,000

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 LAURELS is a large detached house of 158m², which could now be worth an estimated £453,652. It was last sold for £370,000 in August 2018, which was around 24% above the average August 2018 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was July 2018, where the current energy rating was C, and the potential energy rating was B.

THE LAURELS Sold Prices

Land registry data shows two sales for THE LAURELS 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 LAURELS 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
2018 14 AUG	£370,000	£299,098	24% above HPI
2017 2 OCT	£120,000	£293,644	59% below HPI

THE LAURELS 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 LAURELS sales from October 2017 and August 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 October 2017 sale was for 59% below the HPI. So the extrapolation line tracks at 59% below the HPI over time, until the August 2018 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might THE LAURELS be worth now?

THE LAURELS might now be worth an estimated £453,652.

This is based on house price inflation of 22.6%, between August 2018 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 22.6% inflationary increase is applied to the most recent sale price for THE LAURELS of £370,000 on 14th August 2018. For the value to have increased from £370,000 to £453,652 over the seven years and six months to February 2025, the following assumptions must hold true:

• The value of THE LAURELS has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The August 2018 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of THE LAURELS has not materially changed since August 2018.

How Large is THE LAURELS?

THE LAURELS is 158m² according to the EPC inspection conducted in July 2018. This puts it in the largest 40% of detached houses houses in Pentney, based on EPC data. The below chart shows the distribution of detached houses houses by size in Pentney, and where THE LAURELS lies on this distribution: 65% of detached houses houses are smaller than THE LAURELS, and 35% of houses are larger. Note that EPC data is not available for all properties in Pentney.

THE LAURELS: Plot and Title Map

THE LAURELS sits on a plot of roughly 0.230 of an acre, or 929m². The below map shows the location of THE LAURELS, 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 LAURELS). 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 LAURELS?

THE LAURELS is located on NARBOROUGH ROAD in PENTNEY, in the PE32 postcode district. The below map shows the position of THE LAURELS on NARBOROUGH ROAD.