# 3 bedroom detached house for sale (PE32 2QG)

## Property Details

| Key | Value |
|-----|-------|
| Address | 2 ALBION TERRACE, FRONT STREET, KING'S LYNN, LITCHAM, NORFOLK PE32 2QG |
| Price | £380,000 |
| Bedrooms | 3 |
| Last sold | £130,000 Sep 2012 |

## Description

** GUIDE PRICE £380,000 - £400,000 ** HIGH SPEC NEW BUILD IN A SOUGHT AFTER VILLAGE ** Homeworks are delighted to welcome this BRAND NEW THREE BEDROOM DETACHED HOUSE to the market. There will also be a choice of Fittings within a set budget. ** ESTIMATED COMPLETION NOVEMBER 2022 **

Agents Note: We have been advised that the buildings on-site are being removed. 

** FOR FURTHER INFORMATION OR TO ARRANGE YOUR VIEWING, PLEASE CONTACT HOMEWORKS TODAY **

## Property Photos

- ![Photo](/listings/photos/123142472/580982)
- ![Photo](/listings/photos/123142472/580983)
- ![Photo](/listings/photos/123142472/580985)
- ![Photo](/listings/photos/123142472/580987)

## FENSA Certificates

This property has 1 FENSA certificate(s) on record.

### FENSA Certificate #13282651
- **Address:** 2 Albion Terrace, Front Street, PE32 2QG
- **Certificate Issued:** 11/12/2018
- **Work Completed:** 08/10/2018
- **Items:** 3 window(s), 1 door(s)

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 2 ALBION TERRACE FRONT STREET, LITCHAM, KING'S LYNN, BRECKLAND, NORFOLK, PE32 2QG | £130,000 | 07/09/2012 | Terraced |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 6 RECTORY MEADOW, LITCHAM, KING'S LYNN, BRECKLAND, NORFOLK, PE32 2NR | £540,000 | 17/07/2023 | Detached |
| FOURWAYS MILEHAM ROAD, LITCHAM, KING'S LYNN, BRECKLAND, NORFOLK, PE32 2NZ | £560,000 | 18/05/2023 | Detached |
| MILL FIELD MILEHAM ROAD, LITCHAM, KING'S LYNN, BRECKLAND, NORFOLK, PE32 2NZ | £1,100,000 | 05/05/2023 | Detached |
| [Same street] ASH COTTAGE FRONT STREET, LITCHAM, KING'S LYNN, BRECKLAND, NORFOLK, PE32 2QG | £375,000 | 28/03/2023 | Semi-detached |
| THE BRAMBLES BACK STREET, LITCHAM, KING'S LYNN, BRECKLAND, NORFOLK, PE32 2PA | £540,000 | 16/12/2022 | Detached |
| 8 CHURCH STREET, LITCHAM, KING'S LYNN, BRECKLAND, NORFOLK, PE32 2NS | £565,000 | 16/12/2022 | Detached |
| RUSSELL HOUSE BACK STREET, LITCHAM, KING'S LYNN, BRECKLAND, NORFOLK, PE32 2PA | £495,000 | 04/11/2022 | Detached |
| 31 CHURCH STREET, LITCHAM, KING'S LYNN, BRECKLAND, NORFOLK, PE32 2NS | £320,000 | 21/09/2022 | Detached |
| 24 CHURCH STREET, LITCHAM, KING'S LYNN, BRECKLAND, NORFOLK, PE32 2NS | £170,500 | 05/09/2022 | Detached |
| [Same street] CINDER COTTAGE FRONT STREET, LITCHAM, KING'S LYNN, BRECKLAND, NORFOLK, PE32 2QG | £195,000 | 13/04/2022 | Other |
| 6 CHURCH STREET, LITCHAM, KING'S LYNN, BRECKLAND, NORFOLK, PE32 2NS | £517,500 | 08/04/2022 | Detached |
| [Same street] 1 ALBION TERRACE FRONT STREET, LITCHAM, KING'S LYNN, BRECKLAND, NORFOLK, PE32 2QG | £138,000 | 01/04/2022 | Terraced |
| CHERRY MEADE DRUIDS LANE, LITCHAM, KING'S LYNN, BRECKLAND, NORFOLK, PE32 2YA | £575,000 | 21/01/2022 | Detached |
| THE WHITE HOUSE MILEHAM ROAD, LITCHAM, KING'S LYNN, BRECKLAND, NORFOLK, PE32 2NZ | £576,950 | 26/08/2021 | Detached |

**Street average:** £236,000 (3 sales)
**Area average:** £541,814 (11 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £451,183 (29 Detached, PE32, 2024–2026)
- **Deviation:** -15.8%

## Rental Range

*ONS Price Index of Private Rents (Breckland). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £822/mo
- **Realistic:** £913/mo
- **Optimistic:** £1,004/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Kings Lynn (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £773/mo

## 1% Rule

- **Rent ratio:** 0.24% (weak for cashflow)
- **Max investor price (0.8%):** £114,125
- **Target investor price (1%):** £91,300

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on Area rent estimate.*

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 10.2%
- **10y growth:** 57.9%

## House Price Index (HM Land Registry)

*Official index for Breckland; Detached series; as of March 2026.*

- **1y growth (index):** 0.1%
- **5y growth (index):** 11.9%
- **10y growth (index):** 41.1%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)