2, NICHOLAS AVENUE, CLENCHWARTON, KING'S LYNN, PE34 4BD - £240,000

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 NICHOLAS AVENUE is a very small detached house of 63m², built sometime between 1967 and 1975, which could now be worth an estimated £233,622. It was last sold for £240,000 in November 2024, which was around 36% below the average November 2024 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was August 2024, where the current energy rating was D, and the potential energy rating was B.

2 NICHOLAS AVENUE Sold Prices

Land registry data shows two sales for 2 NICHOLAS AVENUE 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 2 NICHOLAS AVENUE 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
2024 26 NOV	£240,000	£376,731	36% below HPI
2000 21 JAN	£62,000	£86,448	28% below HPI

2 NICHOLAS AVENUE 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 2 NICHOLAS AVENUE sales from January 2000 and November 2024 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 January 2000 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the November 2024 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 2 NICHOLAS AVENUE be worth now?

2 NICHOLAS AVENUE might now be worth an estimated £233,622.

This is based on house price deflation of 2.7%, between November 2024 and February 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 2.7% deflationary decrease is applied to the most recent sale price for 2 NICHOLAS AVENUE of £240,000 on 26th November 2024. For the value to have decreased from £240,000 to £233,622 over the one year and nine months to February 2025, the following assumptions must hold true:

• The value of 2 NICHOLAS AVENUE has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The November 2024 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 2 NICHOLAS AVENUE has not materially changed since November 2024.

How Large is 2 NICHOLAS AVENUE?

2 NICHOLAS AVENUE is 63m² according to the EPC inspection conducted in August 2024. This puts it in the smallest 10% of detached houses houses in Clenchwarton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Clenchwarton, and where 2 NICHOLAS AVENUE lies on this distribution: 5% of detached houses houses are smaller than 2 NICHOLAS AVENUE, and 95% of houses are larger. Note that EPC data is not available for all properties in Clenchwarton.

2 NICHOLAS AVENUE: Plot and Title Map

2 NICHOLAS AVENUE sits on a plot of roughly 0.100 of an acre, or 405m². The below map shows the location of 2 NICHOLAS AVENUE, 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 NICHOLAS AVENUE). 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 NICHOLAS AVENUE?

2 NICHOLAS AVENUE is located in CLENCHWARTON, in the PE34 postcode district. The below map shows the position of No. 2 on NICHOLAS AVENUE.