TWO WAYS, BROOK LANE, BROOKVILLE, THETFORD, IP26 4RQ - £235,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

TWO WAYS is a midsized detached house of 131m², built sometime between 1991 and 1995. It was last sold for £235,000 in April 2003, which was around 58% above the average April 2003 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was B.

TWO WAYS Sold Prices

Land registry data shows two sales for TWO WAYS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the King's Lynn and West Norfolk local authority area for the corresponding sale date. Both of the two TWO WAYS sales were for above 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
2003 4 APR	£235,000	£148,357	58% above HPI
1997 22 AUG	£140,000	£65,753	113% above HPI

TWO WAYS 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 two TWO WAYS sales from August 1997 and April 2003 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 August 1997 sale was for 113% above the HPI. So the extrapolation line tracks at 113% above the HPI over time, until the April 2003 sale, where it falls to 58% above the HPI. The line then continues to track at 58% above the HPI.

How Large is TWO WAYS?

TWO WAYS is 131m² according to the EPC inspection conducted in January 2014. This puts it in the largest 50% of detached houses in Brookville, based on EPC data. The below chart shows the distribution of detached houses by size in Brookville, and where TWO WAYS lies on this distribution: 50% of detached houses are smaller than TWO WAYS, and 50% of houses are larger. Note that EPC data is not available for all properties in Brookville.

TWO WAYS: Plot and Title Map

TWO WAYS sits on a plot of roughly 4.1 acres, or 16,656m². The below map shows the location of TWO WAYS, 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 TWO WAYS). 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 TWO WAYS?

TWO WAYS is located on BROOK LANE in BROOKVILLE, in the IP26 postcode district. The below map shows the position of TWO WAYS on BROOK LANE.