24, PAYNES LANE, FELTWELL, THETFORD, IP26 4BA - £220,000

24 PAYNES LANE is a very small detached house of 66m², built sometime between 1950 and 1966. It was last sold for £220,000 in May 2019, which was around 24% below the average May 2019 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was August 2009, where the current energy rating was E, and the potential energy rating was D.

24 PAYNES LANE Sold Prices

Land registry data shows two sales for 24 PAYNES LANE 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 24 PAYNES LANE 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
2019 9 MAY	£220,000	£290,649	24% below HPI
2014 5 NOV	£154,500	£231,016	33% below HPI

24 PAYNES LANE 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 24 PAYNES LANE sales from November 2014 and May 2019 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 November 2014 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the May 2019 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 24 PAYNES LANE?

24 PAYNES LANE is 66m² according to the EPC inspection conducted in August 2009. This puts it in the smallest 20% of detached houses in Feltwell, based on EPC data. The below chart shows the distribution of detached houses by size in Feltwell, and where 24 PAYNES LANE lies on this distribution: 10% of detached houses are smaller than 24 PAYNES LANE, and 90% of houses are larger. Note that EPC data is not available for all properties in Feltwell.

24 PAYNES LANE: Plot and Title Map

24 PAYNES LANE sits on a plot of roughly 0.118 of an acre, or 478m². The below map shows the location of 24 PAYNES LANE, 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 24 PAYNES LANE). 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 24 PAYNES LANE?

24 PAYNES LANE is located in FELTWELL, in the IP26 postcode district. The below map shows the position of No. 24 on PAYNES LANE.