31, WEST WAY, WIMBOTSHAM, KING'S LYNN, PE34 3PZ - £170,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

31 WEST WAY is a very small extended detached house of 77m², built sometime between 1950 and 1966. It was last sold for £170,000 in January 2018, which was around 40% below the average January 2018 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was November 2011, where the current energy rating was E, and the potential energy rating was D.

31 WEST WAY Sold Prices

Land registry data shows three sales for 31 WEST WAY 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 31 WEST 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
2018 29 JAN	£170,000	£285,640	40% below HPI
2017 30 NOV	£150,000	£289,752	48% below HPI
2012 10 FEB	£159,995	£200,865	20% below HPI

31 WEST 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 three 31 WEST WAY sales between February 2012 and January 2018 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 November 2017 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the January 2018 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 31 WEST WAY?

31 WEST WAY is 77m², which includes one extension, according to the EPC inspection conducted in November 2011. This puts it in the smallest 20% of detached houses in Wimbotsham, based on EPC data. The below chart shows the distribution of detached houses by size in Wimbotsham, and where 31 WEST WAY lies on this distribution: 12% of detached houses are smaller than 31 WEST WAY, and 88% of houses are larger. Note that EPC data is not available for all properties in Wimbotsham.

31 WEST WAY: Plot and Title Map

31 WEST WAY sits on a plot of roughly 0.139 of an acre, or 561m². The below map shows the location of 31 WEST 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 31 WEST 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 31 WEST WAY?

31 WEST WAY is located in WIMBOTSHAM, in the PE34 postcode district. The below map shows the position of No. 31 on WEST WAY.