THE RIDGES, CHURCHILL CRESCENT, FINCHAM, KING'S LYNN, PE33 9EU - £161,000

THE RIDGES is a small extended detached house of 109m², built sometime between 1950 and 1966. It was last sold for £161,000 in January 2013, which was around 21% below the average January 2013 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was C.

THE RIDGES Sold Prices

Land registry data shows four sales for THE RIDGES since 1^st January 1995. The below table shows the price paid for the four 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 four THE RIDGES 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
2013 9 JAN	£161,000	£204,486	21% below HPI
2002 13 DEC	£120,000	£145,148	17% below HPI
2001 21 SEP	£95,000	£111,447	15% below HPI
1998 20 JUL	£69,950	£74,553	6% below HPI

THE RIDGES 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 four THE RIDGES sales between July 1998 and January 2013 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 2002 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the January 2013 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is THE RIDGES?

THE RIDGES is 109m², which includes one extension, according to the EPC inspection conducted in July 2012. This puts it in the smallest 40% of detached houses in Fincham, based on EPC data. The below chart shows the distribution of detached houses by size in Fincham, and where THE RIDGES lies on this distribution: 35% of detached houses are smaller than THE RIDGES, and 65% of houses are larger. Note that EPC data is not available for all properties in Fincham.

THE RIDGES: Plot and Title Map

THE RIDGES sits on a plot of roughly 0.193 of an acre, or 782m². The below map shows the location of THE RIDGES, 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 THE RIDGES). 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 THE RIDGES?

THE RIDGES is located on CHURCHILL CRESCENT in FINCHAM, in the PE33 postcode district. The below map shows the position of THE RIDGES on CHURCHILL CRESCENT.