12A, WALLACE TWITE WAY, DERSINGHAM, KING'S LYNN, PE31 6XY - £129,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

12A WALLACE TWITE WAY is a very small semi-detached house of 61m², built sometime between 1991 and 1995, which could now be worth an estimated £229,358. It was last sold for £129,000 in July 2013, which was around 8% below the average July 2013 semi-detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was B.

12A WALLACE TWITE WAY Sold Prices

Land registry data shows four sales for 12A WALLACE TWITE WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the King's Lynn and West Norfolk local authority area for the corresponding sale date. All of the four 12A WALLACE TWITE WAY 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 2 JUL	£129,000	£140,496	8% below HPI
2010 2 JUN	£130,000	£142,287	9% below HPI
1997 25 APR	£44,000	£44,278	1% below HPI
1995 24 FEB	£39,500	£39,946	1% below HPI

12A WALLACE TWITE WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the King's Lynn and West Norfolk local authority area over time, sourced from the HPI. The four 12A WALLACE TWITE WAY sales between February 1995 and July 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 June 2010 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the July 2013 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 12A WALLACE TWITE WAY be worth now?

12A WALLACE TWITE WAY might now be worth an estimated £229,358.

This is based on house price inflation of 77.8%, between July 2013 and December 2024, for semi-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 77.8% inflationary increase is applied to the most recent sale price for 12A WALLACE TWITE WAY of £129,000 on 2nd July 2013. For the value to have increased from £129,000 to £229,358 over the ten years and seven months to December 2024, the following assumptions must hold true:

• The value of 12A WALLACE TWITE WAY has moved in line with the HPI for semi-detached houses in the King's Lynn and West Norfolk local authority area.
• The July 2013 sale price of £129,000 represented a fair market value for the property.
• The size, condition, and specification of 12A WALLACE TWITE WAY has not materially changed since July 2013.

How Large is 12A WALLACE TWITE WAY?

12A WALLACE TWITE WAY is 61m² according to the EPC inspection conducted in February 2013. This puts it in the smallest 10% of semi-detached houses houses in Dersingham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Dersingham, and where 12A WALLACE TWITE WAY lies on this distribution: 6% of semi-detached houses houses are smaller than 12A WALLACE TWITE WAY, and 94% of houses are larger. Note that EPC data is not available for all properties in Dersingham.

12A WALLACE TWITE WAY: Plot and Title Map

12A WALLACE TWITE WAY sits on a plot of roughly 0.043 of an acre, or 173m². The below map shows the location of 12A WALLACE TWITE WAY, 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 12A WALLACE TWITE WAY). 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 12A WALLACE TWITE WAY?

12A WALLACE TWITE WAY is located in DERSINGHAM, in the PE31 postcode district. The below map shows the position of No. 12A on WALLACE TWITE WAY.