2, LANCASTER WAY, EAST WINCH, KING'S LYNN, PE32 1NY - £200,000

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.

2 LANCASTER WAY is a midsized detached house of 95m², built sometime between 1996 and 2002, which could now be worth an estimated £337,893. It was last sold for £200,000 in August 2010, which was around 6% below the average August 2010 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was June 2015, where the current energy rating was E, and the potential energy rating was B.

2 LANCASTER WAY Sold Prices

Land registry data shows three sales for 2 LANCASTER WAY 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 2 LANCASTER WAY 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
2010 6 AUG	£200,000	£212,590	6% below HPI
2008 29 AUG	£175,000	£220,691	21% below HPI
1995 3 NOV	£64,995	£58,998	10% above HPI

2 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 three 2 LANCASTER WAY sales between November 1995 and August 2010 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 2008 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the August 2010 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 2 LANCASTER WAY be worth now?

2 LANCASTER WAY might now be worth an estimated £337,893.

This is based on house price inflation of 68.9%, between August 2010 and August 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 68.9% inflationary increase is applied to the most recent sale price for 2 LANCASTER WAY of £200,000 on 6th August 2010. For the value to have increased from £200,000 to £337,893 over the fifteen years to August 2025, the following assumptions must hold true:

• The value of 2 LANCASTER WAY has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The August 2010 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 2 LANCASTER WAY has not materially changed since August 2010.

How Large is 2 LANCASTER WAY?

2 LANCASTER WAY is 95m² according to the EPC inspection conducted in June 2015. This puts it in the largest 50% of detached houses houses in East Winch, based on EPC data. The below chart shows the distribution of detached houses houses by size in East Winch, and where 2 LANCASTER WAY lies on this distribution: 48% of detached houses houses are smaller than 2 LANCASTER WAY, and 50% of houses are larger. Note that EPC data is not available for all properties in East Winch.

2 LANCASTER WAY: Plot and Title Map

2 LANCASTER WAY sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of 2 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 2 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 2 LANCASTER WAY?

2 LANCASTER WAY is located in EAST WINCH, in the PE32 postcode district. The below map shows the position of No. 2 on LANCASTER WAY.