3, SILVER DRIVE, DERSINGHAM, KING'S LYNN, PE31 6YB - £195,000

3 SILVER DRIVE is a very small detached house of 67m², built sometime between 1967 and 1975. It was last sold for £195,000 in February 2015, which was around 15% below the average February 2015 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was D.

3 SILVER DRIVE Sold Prices

Land registry data shows two sales for 3 SILVER DRIVE 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 SILVER DRIVE 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
2015 27 FEB	£195,000	£229,816	15% below HPI
2003 19 DEC	£130,000	£162,543	20% below HPI

3 SILVER DRIVE 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 SILVER DRIVE sales from December 2003 and February 2015 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 2003 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the February 2015 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 3 SILVER DRIVE?

3 SILVER DRIVE is 67m² according to the EPC inspection conducted in March 2012. This puts it in the smallest 10% of detached houses in Dersingham, based on EPC data. The below chart shows the distribution of detached houses by size in Dersingham, and where 3 SILVER DRIVE lies on this distribution: 9% of detached houses are smaller than 3 SILVER DRIVE, and 91% of houses are larger. Note that EPC data is not available for all properties in Dersingham.

3 SILVER DRIVE: Plot and Title Map

3 SILVER DRIVE sits on a plot of roughly 0.107 of an acre, or 434m². The below map shows the location of 3 SILVER DRIVE, 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 SILVER DRIVE). 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 SILVER DRIVE?

3 SILVER DRIVE is located in DERSINGHAM, in the PE31 postcode district. The below map shows the position of No. 3 on SILVER DRIVE.