5, EYE LANE, EAST RUDHAM, KING'S LYNN, PE31 8RJ - £260,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 EYE LANE is a small extended semi-detached house of 122m², built sometime between 1930 and 1949, which could now be worth an estimated £299,076. It was last sold for £260,000 in November 2020, which was around 24% above the average November 2020 semi-detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was C.

5 EYE LANE Sold Prices

Land registry data shows two sales for 5 EYE LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the King's Lynn and West Norfolk local authority area for the corresponding sale date. One of the two 5 EYE LANE sales was for above the average price, whilst the other was 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
2020 24 NOV	£260,000	£209,376	24% above HPI
2017 3 AUG	£179,000	£188,016	5% below HPI

5 EYE LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the King's Lynn and West Norfolk local authority area over time, sourced from the HPI. The two 5 EYE LANE sales from August 2017 and November 2020 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 August 2017 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the November 2020 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 5 EYE LANE be worth now?

5 EYE LANE might now be worth an estimated £299,076.

This is based on house price inflation of 15%, between November 2020 and August 2025, for semi-detached houses, in the King's Lynn and West Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15% inflationary increase is applied to the most recent sale price for 5 EYE LANE of £260,000 on 24th November 2020. For the value to have increased from £260,000 to £299,076 over the five years and three months to August 2025, the following assumptions must hold true:

• The value of 5 EYE LANE has moved in line with the HPI for semi-detached houses in the King's Lynn and West Norfolk local authority area.
• The November 2020 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 5 EYE LANE has not materially changed since November 2020.

How Large is 5 EYE LANE?

5 EYE LANE is 122m², which includes three extensions, according to the EPC inspection conducted in February 2020. This puts it in the smallest 30% of semi-detached houses houses in East Rudham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in East Rudham, and where 5 EYE LANE lies on this distribution: 27% of semi-detached houses houses are smaller than 5 EYE LANE, and 73% of houses are larger. Note that EPC data is not available for all properties in East Rudham.

5 EYE LANE: Plot and Title Map

5 EYE LANE sits on a plot of roughly 0.117 of an acre, or 475m². The below map shows the location of 5 EYE 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 5 EYE 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 5 EYE LANE?

5 EYE LANE is located in EAST RUDHAM, in the PE31 postcode district. The below map shows the position of No. 5 on EYE LANE.