50, SCHOOL LANE, NORTHWOLD, THETFORD, IP26 5NB - £200,000

50 SCHOOL LANE is a very small detached house of 63m², built sometime between 1967 and 1975. It was last sold for £200,000 in July 2017, which was around 28% below the average July 2017 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was March 2011, where the current energy rating was E, and the potential energy rating was D.

50 SCHOOL LANE Sold Prices

Land registry data shows two sales for 50 SCHOOL 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 50 SCHOOL 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
2017 27 JUL	£200,000	£278,281	28% below HPI
2011 16 DEC	£121,000	£207,521	42% below HPI

50 SCHOOL 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 50 SCHOOL LANE sales from December 2011 and July 2017 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 2011 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the July 2017 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 50 SCHOOL LANE?

50 SCHOOL LANE is 63m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 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 50 SCHOOL LANE lies on this distribution: 1% of detached houses are smaller than 50 SCHOOL LANE, and 99% of houses are larger. Note that EPC data is not available for all properties in Northwold.

50 SCHOOL LANE: Plot and Title Map

50 SCHOOL LANE sits on a plot of roughly 0.177 of an acre, or 717m². The below map shows the location of 50 SCHOOL 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 50 SCHOOL 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 50 SCHOOL LANE?

50 SCHOOL LANE is located in NORTHWOLD, in the IP26 postcode district. The below map shows the position of No. 50 on SCHOOL LANE.