THE SPOT, MARHAM ROAD, FINCHAM, KING'S LYNN, PE33 9ES - £181,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

THE SPOT is a very small semi-detached house of 74m², built sometime between 1967 and 1975. It was last sold for £181,000 in November 2015, which was around 28% below the average November 2015 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was January 2016, where the current energy rating was E, and the potential energy rating was B.

THE SPOT Sold Prices

Land registry data shows two sales for THE SPOT 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 SPOT sales were 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
2015 17 NOV	£181,000	£250,512	28% below HPI
2013 4 OCT	£122,000	£212,766	43% below HPI

THE SPOT 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 SPOT sales from October 2013 and November 2015 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 2013 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the November 2015 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is THE SPOT?

THE SPOT is 74m² according to the EPC inspection conducted in January 2016. This puts it in the smallest 10% of detached houses in Fincham, based on EPC data. The below chart shows the distribution of detached houses by size in Fincham, and where THE SPOT lies on this distribution: 2% of detached houses are smaller than THE SPOT, and 96% of houses are larger. Note that EPC data is not available for all properties in Fincham.

THE SPOT: Plot and Title Map

THE SPOT sits on a plot of roughly 0.127 of an acre, or 513m². The below map shows the location of THE SPOT, 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 SPOT). 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 SPOT?

THE SPOT is located on MARHAM ROAD in FINCHAM, in the PE33 postcode district. The below map shows the position of THE SPOT on MARHAM ROAD.