FOUR WINDS, LYNN ROAD, SETCHEY, KING'S LYNN, PE33 0AZ - £230,000

FOUR WINDS is a very small extended semi-detached house of 92m², built sometime between 1930 and 1949. It was last sold for £230,000 in March 2019, which was around 21% below the average March 2019 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was C.

FOUR WINDS Sold Prices

Land registry data shows three sales for FOUR WINDS 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 FOUR WINDS 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
2019 18 MAR	£230,000	£290,697	21% below HPI
2013 22 JUL	£160,000	£206,205	22% below HPI
1999 18 NOV	£59,500	£86,328	31% below HPI

FOUR WINDS 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 FOUR WINDS sales between November 1999 and March 2019 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 July 2013 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the March 2019 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is FOUR WINDS?

FOUR WINDS is 92m², which includes two extensions, according to the EPC inspection conducted in September 2011. This puts it in the smallest 20% of detached houses in Setchey, based on EPC data. The below chart shows the distribution of detached houses by size in Setchey, and where FOUR WINDS lies on this distribution: 19% of detached houses are smaller than FOUR WINDS, and 81% of houses are larger. Note that EPC data is not available for all properties in Setchey.

FOUR WINDS: Plot and Title Map

FOUR WINDS sits on a plot of roughly 0.315 of an acre, or 1,274m². The below map shows the location of FOUR WINDS, 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 FOUR WINDS). 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 FOUR WINDS?

FOUR WINDS is located on LYNN ROAD in SETCHEY, in the PE33 postcode district. The below map shows the position of FOUR WINDS on LYNN ROAD.