3, KINGSWAY, WISBECH, PE13 3DU - £240,000

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

3 KINGSWAY is a very small detached house of 58m², built sometime between 1991 and 1995. It was last sold for £240,000 in January 2023, which was around 37% below the average January 2023 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

3 KINGSWAY Sold Prices

Land registry data shows two sales for 3 KINGSWAY 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. Both of the two 3 KINGSWAY 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
2023 17 JAN	£240,000	£379,032	37% below HPI
2010 21 DEC	£108,500	£208,513	48% below HPI

3 KINGSWAY 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 3 KINGSWAY sales from December 2010 and January 2023 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 2010 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the January 2023 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 3 KINGSWAY?

3 KINGSWAY is 58m² according to the EPC inspection conducted in June 2022. This puts it in the smallest 10% of detached houses in Wisbech, based on EPC data. The below chart shows the distribution of detached houses by size in Wisbech, and where 3 KINGSWAY lies on this distribution: 5% of detached houses are smaller than 3 KINGSWAY, and 93% of houses are larger. Note that EPC data is not available for all properties in Wisbech.

3 KINGSWAY: Plot and Title Map

3 KINGSWAY sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 3 KINGSWAY, 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 3 KINGSWAY). 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 3 KINGSWAY?

3 KINGSWAY is located in WISBECH, in the PE13 postcode district. The below map shows the position of No. 3 on KINGSWAY.