3, HOVELLS LANE, NORTHWOLD, THETFORD, IP26 5NA - £495,000

3 HOVELLS LANE is a very large extended detached house of 194m², built sometime between 1991 and 1995. It was last sold for £495,000 in July 2022, which was around 37% above the average July 2022 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was October 2021, where the current energy rating was E, and the potential energy rating was C.

3 HOVELLS LANE Sold Prices

Land registry data shows two sales for 3 HOVELLS 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 3 HOVELLS LANE sales were 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
2022 1 JUL	£495,000	£361,207	37% above HPI
2004 6 SEP	£249,900	£185,640	35% above HPI

3 HOVELLS 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 3 HOVELLS LANE sales from September 2004 and July 2022 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 September 2004 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the July 2022 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

How Large is 3 HOVELLS LANE?

3 HOVELLS LANE is 194m², which includes one extension, according to the EPC inspection conducted in October 2021. This puts it in the largest 10% of detached houses in Northwold, based on EPC data. The below chart shows the distribution of detached houses by size in Northwold, and where 3 HOVELLS LANE lies on this distribution: 89% of detached houses are smaller than 3 HOVELLS LANE, and 10% of houses are larger. Note that EPC data is not available for all properties in Northwold.

3 HOVELLS LANE: Plot and Title Map

3 HOVELLS LANE sits on a plot of roughly 0.244 of an acre, or 986m². The below map shows the location of 3 HOVELLS 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 3 HOVELLS 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 3 HOVELLS LANE?

3 HOVELLS LANE is located in NORTHWOLD, in the IP26 postcode district. The below map shows the position of No. 3 on HOVELLS LANE.