3, LANCASTER WAY, EAST WINCH, KING'S LYNN, PE32 1NY - £219,000

3 LANCASTER WAY is a very small detached house of 68m², built sometime between 1996 and 2002. It was last sold for £219,000 in May 2018, which was around 21% below the average May 2018 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was September 2014, where the current energy rating was E, and the potential energy rating was B.

3 LANCASTER WAY Sold Prices

Land registry data shows three sales for 3 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. All of the three 3 LANCASTER WAY 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
2018 18 MAY	£219,000	£278,734	21% below HPI
2013 5 DEC	£162,500	£213,297	24% below HPI
1996 27 SEP	£56,995	£63,790	11% below HPI

3 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 3 LANCASTER WAY sales between September 1996 and May 2018 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 December 2013 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the May 2018 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 3 LANCASTER WAY?

3 LANCASTER WAY is 68m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 10% of detached houses in East Winch, based on EPC data. The below chart shows the distribution of detached houses by size in East Winch, and where 3 LANCASTER WAY lies on this distribution: 3% of detached houses are smaller than 3 LANCASTER WAY, and 93% of houses are larger. Note that EPC data is not available for all properties in East Winch.

3 LANCASTER WAY: Plot and Title Map

3 LANCASTER WAY sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 3 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 3 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 3 LANCASTER WAY?

3 LANCASTER WAY is located in EAST WINCH, in the PE32 postcode district. The below map shows the position of No. 3 on LANCASTER WAY.