THE OLD CHAPEL, PENTNEY LANE, PENTNEY, KING'S LYNN, PE32 1JE - £313,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

THE OLD CHAPEL is a small extended detached house of 93m², built sometime between 1900 and 1929. It was last sold for £313,000 in December 2020, which was around 1% below the average December 2020 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was July 2019, where the current energy rating was E, and the potential energy rating was C.

THE OLD CHAPEL Sold Prices

Land registry data shows three sales for THE OLD CHAPEL since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the King's Lynn and West Norfolk local authority area for the corresponding sale date. Two of the three THE OLD CHAPEL sales were for below the average price, whilst one 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
2020 4 DEC	£313,000	£316,520	1% below HPI
2008 15 DEC	£220,000	£194,940	13% above HPI
2007 17 AUG	£110,050	£220,747	50% below HPI

THE OLD CHAPEL 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 three THE OLD CHAPEL sales between August 2007 and December 2020 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 December 2008 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the December 2020 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is THE OLD CHAPEL?

THE OLD CHAPEL is 93m², which includes one extension, according to the EPC inspection conducted in July 2019. This puts it in the smallest 30% of detached houses in Pentney, based on EPC data. The below chart shows the distribution of detached houses by size in Pentney, and where THE OLD CHAPEL lies on this distribution: 24% of detached houses are smaller than THE OLD CHAPEL, and 76% of houses are larger. Note that EPC data is not available for all properties in Pentney.

THE OLD CHAPEL: Plot and Title Map

THE OLD CHAPEL sits on a plot of roughly 0.092 of an acre, or 372m². The below map shows the location of THE OLD CHAPEL, 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 OLD CHAPEL). 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 OLD CHAPEL?

THE OLD CHAPEL is located on PENTNEY LANE in PENTNEY, in the PE32 postcode district. The below map shows the position of THE OLD CHAPEL on PENTNEY LANE.