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
4 PELL PLACE is a very small detached house of 56m², built sometime between 1991 and 1995. It was last sold for £237,000 in September 2023, which was around 36% 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.
Land registry data shows two sales for 4 PELL PLACE since 1st 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 | £371,555 | 36% below HPI |
1995 13 APR | £57,950 | £61,372 | 6% below HPI |
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 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the September 2023 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.
4 PELL PLACE is 56m² according to the EPC inspection conducted in February 2023. This puts it in the smallest 10% of detached houses in West Winch, based on EPC data. The below chart shows the distribution of detached houses by size in West Winch, and where 4 PELL PLACE lies on this distribution: Less than 1% of detached 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 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.
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.