THREE GABLES, MARHAM ROAD, FINCHAM, KING'S LYNN, PE33 9ES - £126,000

THREE GABLES is a very small extended detached house of 81m², built sometime between 1950 and 1966. It was last sold for £126,000 in August 2016, which was around 51% below the average August 2016 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was A.

THREE GABLES Sold Prices

Land registry data shows three sales for THREE GABLES 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 THREE GABLES 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
2016 24 AUG	£126,000	£257,056	51% below HPI
1999 21 APR	£59,995	£75,180	20% below HPI
1998 8 APR	£49,000	£69,146	29% below HPI

THREE GABLES 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 THREE GABLES sales between April 1998 and August 2016 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 1999 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the August 2016 sale, where it falls to 51% below the HPI. The line then continues to track at 51% below the HPI.

How Large is THREE GABLES?

THREE GABLES is 81m², which includes one extension, according to the EPC inspection conducted in July 2018. This puts it in the smallest 20% of detached houses in Fincham, based on EPC data. The below chart shows the distribution of detached houses by size in Fincham, and where THREE GABLES lies on this distribution: 12% of detached houses are smaller than THREE GABLES, and 88% of houses are larger. Note that EPC data is not available for all properties in Fincham.

THREE GABLES: Plot and Title Map

THREE GABLES sits on a plot of roughly 0.187 of an acre, or 757m². The below map shows the location of THREE GABLES, 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 THREE GABLES). 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 THREE GABLES?

THREE GABLES is located on MARHAM ROAD in FINCHAM, in the PE33 postcode district. The below map shows the position of THREE GABLES on MARHAM ROAD.