27, BAILEY LANE, CLENCHWARTON, KING'S LYNN, PE34 4AY - £240,000

27 BAILEY LANE is a very small detached house of 71m², built sometime between 1950 and 1966. It was last sold for £240,000 in May 2023, which was around 33% below the average May 2023 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was B.

27 BAILEY LANE Sold Prices

Land registry data shows three sales for 27 BAILEY LANE 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. All of the three 27 BAILEY 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
2023 2 MAY	£240,000	£358,891	33% below HPI
2016 29 JUL	£128,000	£255,076	50% below HPI
2007 28 JUN	£132,500	£213,393	38% below HPI

27 BAILEY 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 three 27 BAILEY LANE sales between June 2007 and May 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 July 2016 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the May 2023 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 27 BAILEY LANE?

27 BAILEY LANE is 71m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 20% of detached houses in Clenchwarton, based on EPC data. The below chart shows the distribution of detached houses by size in Clenchwarton, and where 27 BAILEY LANE lies on this distribution: 15% of detached houses are smaller than 27 BAILEY LANE, and 83% of houses are larger. Note that EPC data is not available for all properties in Clenchwarton.

27 BAILEY LANE: Plot and Title Map

27 BAILEY LANE sits on a plot of roughly 0.151 of an acre, or 611m². The below map shows the location of 27 BAILEY 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 27 BAILEY 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 27 BAILEY LANE?

27 BAILEY LANE is located in CLENCHWARTON, in the PE34 postcode district. The below map shows the position of No. 27 on BAILEY LANE.