4, PELL PLACE, WEST WINCH, KING'S LYNN, PE33 0SP - £237,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

4 PELL PLACE is a very small detached house of 56m², built sometime between 1991 and 1995, which could now be worth an estimated £232,200. It was last sold for £237,000 in September 2023, which was around 38% below the average September 2023 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was B.

4 PELL PLACE Sold Prices

Land registry data shows two sales for 4 PELL PLACE 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 4 PELL PLACE 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 29 SEP	£237,000	£381,849	38% below HPI
1995 13 APR	£57,950	£63,067	8% below HPI

4 PELL PLACE 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 4 PELL PLACE sales from April 1995 and September 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 April 1995 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the September 2023 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might 4 PELL PLACE be worth now?

4 PELL PLACE might now be worth an estimated £232,200.

This is based on house price deflation of 2%, between September 2023 and December 2024, 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 2% deflationary decrease is applied to the most recent sale price for 4 PELL PLACE of £237,000 on 29th September 2023. For the value to have decreased from £237,000 to £232,200 over the nine months to December 2024, the following assumptions must hold true:

• The value of 4 PELL PLACE has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The September 2023 sale price of £237,000 represented a fair market value for the property.
• The size, condition, and specification of 4 PELL PLACE has not materially changed since September 2023.

How Large is 4 PELL PLACE?

4 PELL PLACE is 56m² according to the EPC inspection conducted in February 2023. This puts it in the smallest 10% of detached houses houses in West Winch, based on EPC data. The below chart shows the distribution of detached houses houses by size in West Winch, and where 4 PELL PLACE lies on this distribution: Less than 1% of detached houses houses are smaller than 4 PELL PLACE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in West Winch.

4 PELL PLACE: Plot and Title Map

4 PELL PLACE sits on a plot of roughly 0.095 of an acre, or 386m². The below map shows the location of 4 PELL PLACE, 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 4 PELL PLACE). 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 4 PELL PLACE?

4 PELL PLACE is located in WEST WINCH, in the PE33 postcode district. The below map shows the position of No. 4 on PELL PLACE.