18, WHETSTONE WAY, OUTWELL, WISBECH, PE14 8RN - £260,000

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

18 WHETSTONE WAY is a very small detached house of 64m², built sometime between 2003 and 2006. It was last sold for £260,000 in February 2022, which was around 25% below the average February 2022 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was B.

18 WHETSTONE WAY Sold Prices

Land registry data shows four sales for 18 WHETSTONE WAY 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 18 WHETSTONE 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
2022 23 FEB	£260,000	£344,811	25% below HPI
2014 16 JUN	£150,000	£223,841	33% below HPI
2012 29 FEB	£130,000	£200,865	35% below HPI
2006 9 OCT	£142,000	£209,422	32% below HPI

18 WHETSTONE WAY 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 18 WHETSTONE WAY sales between October 2006 and February 2022 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 2014 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the February 2022 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 18 WHETSTONE WAY?

18 WHETSTONE WAY is 64m² according to the EPC inspection conducted in July 2021. This puts it in the smallest 10% of detached houses in Outwell, based on EPC data. The below chart shows the distribution of detached houses by size in Outwell, and where 18 WHETSTONE WAY lies on this distribution: 8% of detached houses are smaller than 18 WHETSTONE WAY, and 93% of houses are larger. Note that EPC data is not available for all properties in Outwell.

18 WHETSTONE WAY: Plot and Title Map

18 WHETSTONE WAY sits on a plot of roughly 0.093 of an acre, or 375m². The below map shows the location of 18 WHETSTONE 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 18 WHETSTONE 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 18 WHETSTONE WAY?

18 WHETSTONE WAY is located in OUTWELL, in the PE14 postcode district. The below map shows the position of No. 18 on WHETSTONE WAY.