2, MULBERRY LEA, UPWELL, WISBECH, PE14 9AG - £275,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 MULBERRY LEA is a small detached house of 87m², built sometime between 2003 and 2006, which could now be worth an estimated £311,455. It was last sold for £275,000 in July 2021, which was around 15% below the average July 2021 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was January 2019, where the current energy rating was C, and the potential energy rating was B.

2 MULBERRY LEA Sold Prices

Land registry data shows two sales for 2 MULBERRY LEA 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. One of the two 2 MULBERRY LEA sales was for below the average price, whilst the other was 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
2021 7 JUL	£275,000	£323,796	15% below HPI
2007 17 DEC	£232,350	£229,493	1% above HPI

2 MULBERRY LEA 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 2 MULBERRY LEA sales from December 2007 and July 2021 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 December 2007 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the July 2021 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 2 MULBERRY LEA be worth now?

2 MULBERRY LEA might now be worth an estimated £311,455.

This is based on house price inflation of 13.3%, between July 2021 and February 2025, for 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 13.3% inflationary increase is applied to the most recent sale price for 2 MULBERRY LEA of £275,000 on 7th July 2021. For the value to have increased from £275,000 to £311,455 over the four years and five months to February 2025, the following assumptions must hold true:

• The value of 2 MULBERRY LEA has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The July 2021 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MULBERRY LEA has not materially changed since July 2021.

How Large is 2 MULBERRY LEA?

2 MULBERRY LEA is 87m² according to the EPC inspection conducted in January 2019. This puts it in the smallest 30% of detached houses houses in Upwell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Upwell, and where 2 MULBERRY LEA lies on this distribution: 22% of detached houses houses are smaller than 2 MULBERRY LEA, and 78% of houses are larger. Note that EPC data is not available for all properties in Upwell.

2 MULBERRY LEA: Plot and Title Map

2 MULBERRY LEA sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of 2 MULBERRY LEA, 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 2 MULBERRY LEA). 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 2 MULBERRY LEA?

2 MULBERRY LEA is located in UPWELL, in the PE14 postcode district. The below map shows the position of No. 2 on MULBERRY LEA.