16, LANCASTER WAY, EAST WINCH, KING'S LYNN, PE32 1NY - £231,500

16 LANCASTER WAY is a very small extended detached house of 83m², built sometime between 1991 and 1995. It was last sold for £231,500 in December 2018, which was around 22% below the average December 2018 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was October 2018, where the current energy rating was F, and the potential energy rating was E.

16 LANCASTER WAY Sold Prices

Land registry data shows five sales for 16 LANCASTER WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the King's Lynn and West Norfolk local authority area for the corresponding sale date. The five 16 LANCASTER WAY sales were a mix of below the average price, and roughly equal to 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 19 DEC	£231,500	£295,343	22% below HPI
2014 26 AUG	£150,000	£224,071	33% below HPI
2014 30 MAY	£120,000	£218,019	45% below HPI
1999 18 JUN	£65,500	£77,832	16% below HPI
1996 29 FEB	£58,000	£58,254	Close to HPI

16 LANCASTER WAY 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 five 16 LANCASTER WAY sales between February 1996 and December 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 August 2014 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the December 2018 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 16 LANCASTER WAY?

16 LANCASTER WAY is 83m², which includes one extension, according to the EPC inspection conducted in October 2018. This puts it in the smallest 20% of detached houses in East Winch, based on EPC data. The below chart shows the distribution of detached houses by size in East Winch, and where 16 LANCASTER WAY lies on this distribution: 15% of detached houses are smaller than 16 LANCASTER WAY, and 83% of houses are larger. Note that EPC data is not available for all properties in East Winch.

16 LANCASTER WAY: Plot and Title Map

16 LANCASTER WAY sits on a plot of roughly 0.119 of an acre, or 483m². The below map shows the location of 16 LANCASTER WAY, 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 16 LANCASTER WAY). 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 16 LANCASTER WAY?

16 LANCASTER WAY is located in EAST WINCH, in the PE32 postcode district. The below map shows the position of No. 16 on LANCASTER WAY.