THE WILLOWS, BACK STREET, GAYTON, KING'S LYNN, PE32 1QR - £499,950

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 WILLOWS is a very large extended detached house of 162m², built sometime before 1900. It was last sold for £499,950 in October 2023, which was around 35% above the average October 2023 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was April 2023, where the current energy rating was E, and the potential energy rating was C.

THE WILLOWS Sold Prices

Land registry data shows two sales for THE WILLOWS 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 WILLOWS 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
2023 4 OCT	£499,950	£369,606	35% above HPI
1997 27 MAR	£60,000	£67,247	11% below HPI

THE WILLOWS 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 WILLOWS sales from March 1997 and October 2023 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 March 1997 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the October 2023 sale, where it rises to 35% above the HPI. The line then continues to track at 35% above the HPI.

How Large is THE WILLOWS?

THE WILLOWS is 162m², which includes two extensions, according to the EPC inspection conducted in April 2023. This puts it in the largest 20% of detached houses in Gayton, based on EPC data. The below chart shows the distribution of detached houses by size in Gayton, and where THE WILLOWS lies on this distribution: 82% of detached houses are smaller than THE WILLOWS, and 18% of houses are larger. Note that EPC data is not available for all properties in Gayton.

THE WILLOWS: Plot and Title Map

THE WILLOWS sits on a plot of roughly 0.111 of an acre, or 451m². The below map shows the location of THE WILLOWS, 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 WILLOWS). 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 WILLOWS?

THE WILLOWS is located on BACK STREET in GAYTON, in the PE32 postcode district. The below map shows the position of THE WILLOWS on BACK STREET.