3, CHALK WAY, METHWOLD, THETFORD, IP26 4NU - £275,000

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.

3 CHALK WAY is a large detached house of 162m², built sometime between 2003 and 2006, which could now be worth an estimated £499,998. It was last sold for £275,000 in June 2005, which was around 38% above the average June 2005 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was June 2012, where the current energy rating was C, and the potential energy rating was B.

3 CHALK WAY Sold Prices

Land registry data shows one sale for 3 CHALK WAY since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the King's Lynn and West Norfolk local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2005 29 JUN	£275,000	£198,579	38% above HPI

What might 3 CHALK WAY be worth now?

3 CHALK WAY might now be worth an estimated £499,998.

This is based on house price inflation of 81.8%, between June 2005 and May 2026, 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 81.8% inflationary increase is applied to the most recent sale price for 3 CHALK WAY of £275,000 on 29th June 2005. For the value to have increased from £275,000 to £499,998 over the 21 years and one month to May 2026, the following assumptions must hold true:

• The value of 3 CHALK WAY has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The June 2005 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 3 CHALK WAY has not materially changed since June 2005.

How Large is 3 CHALK WAY?

3 CHALK WAY is 162m² according to the EPC inspection conducted in June 2012. This puts it in the largest 30% of detached houses in Methwold, based on EPC data. The below chart shows the distribution of detached houses by size in Methwold, and where 3 CHALK WAY lies on this distribution: 77% of detached houses are smaller than 3 CHALK WAY, and 23% of detached houses are larger. Note that EPC data is not available for all properties in Methwold.

3 CHALK WAY: Plot

3 CHALK WAY sits on a plot of roughly 0.178 of an acre, or 720m².

Where is 3 CHALK WAY?

3 CHALK WAY is located in METHWOLD, in the IP26 postcode district.