OPEN VIEW, THE ROW, WEST DEREHAM, KING'S LYNN, PE33 9RH - £330,000

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.

OPEN VIEW is a small detached house of 115m², built sometime before 1900, which could now be worth an estimated £357,646. It was last sold for £330,000 in September 2021, which was around 1% above the average September 2021 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was June 2021, where the current energy rating was E, and the potential energy rating was A.

OPEN VIEW Sold Prices

Land registry data shows three sales for OPEN VIEW 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. Two of the three OPEN VIEW sales were for above the average price, whilst one 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
2021 30 SEP	£330,000	£327,518	1% above HPI
2002 11 APR	£115,000	£123,291	7% below HPI
1999 22 MAR	£91,000	£76,589	19% above HPI

OPEN VIEW 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 OPEN VIEW sales between March 1999 and September 2021 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 April 2002 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the September 2021 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might OPEN VIEW be worth now?

OPEN VIEW might now be worth an estimated £357,646.

This is based on house price inflation of 8.4%, between September 2021 and June 2025, for 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 8.4% inflationary increase is applied to the most recent sale price for OPEN VIEW of £330,000 on 30th September 2021. For the value to have increased from £330,000 to £357,646 over the four years and three months to June 2025, the following assumptions must hold true:

• The value of OPEN VIEW has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The September 2021 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of OPEN VIEW has not materially changed since September 2021.

How Large is OPEN VIEW?

OPEN VIEW is 115m² according to the EPC inspection conducted in June 2021. This puts it in the smallest 40% of detached houses houses in West Dereham, based on EPC data. The below chart shows the distribution of detached houses houses by size in West Dereham, and where OPEN VIEW lies on this distribution: 37% of detached houses houses are smaller than OPEN VIEW, and 63% of houses are larger. Note that EPC data is not available for all properties in West Dereham.

OPEN VIEW: Plot and Title Map

OPEN VIEW sits on a plot of roughly 0.168 of an acre, or 679m². The below map shows the location of OPEN VIEW, 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 OPEN VIEW). 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 OPEN VIEW?

OPEN VIEW is located on THE ROW in WEST DEREHAM, in the PE33 postcode district. The below map shows the position of OPEN VIEW on THE ROW.