227, SALTS ROAD, WALTON HIGHWAY, WISBECH, PE14 7EB - £291,000

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

227 SALTS ROAD is a very small extended detached house of 61m², built sometime between 1950 and 1966. It was last sold for £291,000 in May 2022, which was around 18% below the average May 2022 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was December 2021, where the current energy rating was F, and the potential energy rating was E.

227 SALTS ROAD Sold Prices

Land registry data shows three sales for 227 SALTS ROAD since 1^st January 1995. The below table shows the price paid for the three 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 three 227 SALTS ROAD 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 6 MAY	£291,000	£352,797	18% below HPI
2009 28 JAN	£77,500	£190,698	59% below HPI
2001 6 APR	£72,000	£94,809	24% below HPI

227 SALTS ROAD 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 three 227 SALTS ROAD sales between April 2001 and May 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 January 2009 sale was for 59% below the HPI. So the extrapolation line tracks at 59% below the HPI over time, until the May 2022 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 227 SALTS ROAD?

227 SALTS ROAD is 61m², which includes one extension, according to the EPC inspection conducted in December 2021. This puts it in the smallest 10% of detached houses in Walton Highway, based on EPC data. The below chart shows the distribution of detached houses by size in Walton Highway, and where 227 SALTS ROAD lies on this distribution: 2% of detached houses are smaller than 227 SALTS ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Walton Highway.

227 SALTS ROAD: Plot and Title Map

227 SALTS ROAD sits on a plot of roughly 0.472 of an acre, or 1,909m². The below map shows the location of 227 SALTS ROAD, 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 227 SALTS ROAD). 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 227 SALTS ROAD?

227 SALTS ROAD is located in WALTON HIGHWAY, in the PE14 postcode district. The below map shows the position of No. 227 on SALTS ROAD.