71, SCHOOL LANE, MARHAM, KING'S LYNN, PE33 9JA - £198,500

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.

71 SCHOOL LANE is a large extended semi-detached house of 146m², built sometime before 1900, which could now be worth an estimated £332,494. It was last sold for £198,500 in March 2010, which was around 39% above the average March 2010 semi-detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was December 2019, where the current energy rating was D, and the potential energy rating was C.

71 SCHOOL LANE Sold Prices

Land registry data shows two sales for 71 SCHOOL 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 71 SCHOOL 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
2010 10 MAR	£198,500	£143,140	39% above HPI
1998 30 SEP	£43,950	£47,610	8% below HPI

71 SCHOOL 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 71 SCHOOL LANE sales from September 1998 and March 2010 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 1998 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the March 2010 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.

What might 71 SCHOOL LANE be worth now?

71 SCHOOL LANE might now be worth an estimated £332,494.

This is based on house price inflation of 67.5%, between March 2010 and May 2026, 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 67.5% inflationary increase is applied to the most recent sale price for 71 SCHOOL LANE of £198,500 on 10th March 2010. For the value to have increased from £198,500 to £332,494 over the fifteen years and ten months to May 2026, the following assumptions must hold true:

• The value of 71 SCHOOL LANE has moved in line with the HPI for semi-detached houses in the King's Lynn and West Norfolk local authority area.
• The March 2010 sale price of £198,500 represented a fair market value for the property.
• The size, condition, and specification of 71 SCHOOL LANE has not materially changed since March 2010.

How Large is 71 SCHOOL LANE?

71 SCHOOL LANE is 146m², which includes one extension, according to the EPC inspection conducted in December 2019. This puts it in the largest 30% of semi-detached houses houses in Marham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Marham, and where 71 SCHOOL LANE lies on this distribution: 78% of semi-detached houses houses are smaller than 71 SCHOOL LANE, and 22% of houses are larger. Note that EPC data is not available for all properties in Marham.

71 SCHOOL LANE: Plot and Title Map

71 SCHOOL LANE sits on a plot of roughly 0.104 of an acre, or 420m². The below map shows the location of 71 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 71 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 71 SCHOOL LANE?

71 SCHOOL LANE is located in MARHAM, in the PE33 postcode district. The below map shows the position of No. 71 on SCHOOL LANE.