4, RUSSELL DRIVE, OUTWELL, WISBECH, PE14 8RS - £236,000

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 RUSSELL DRIVE is a very small detached house of 72m², built sometime between 2003 and 2006, which could now be worth an estimated £276,050. It was last sold for £236,000 in January 2021, which was around 26% below the average January 2021 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was March 2016, where the current energy rating was C, and the potential energy rating was A.

4 RUSSELL DRIVE Sold Prices

Land registry data shows three sales for 4 RUSSELL DRIVE 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 4 RUSSELL DRIVE 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
2021 18 JAN	£236,000	£319,837	26% below HPI
2016 15 SEP	£160,000	£264,628	40% below HPI
2006 24 MAY	£134,000	£200,979	33% below HPI

4 RUSSELL DRIVE 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 4 RUSSELL DRIVE sales between May 2006 and January 2021 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 September 2016 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the January 2021 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 4 RUSSELL DRIVE be worth now?

4 RUSSELL DRIVE might now be worth an estimated £276,050.

This is based on house price inflation of 17%, between January 2021 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 17% inflationary increase is applied to the most recent sale price for 4 RUSSELL DRIVE of £236,000 on 18th January 2021. For the value to have increased from £236,000 to £276,050 over the two years and one month to December 2024, the following assumptions must hold true:

• The value of 4 RUSSELL DRIVE has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The January 2021 sale price of £236,000 represented a fair market value for the property.
• The size, condition, and specification of 4 RUSSELL DRIVE has not materially changed since January 2021.

How Large is 4 RUSSELL DRIVE?

4 RUSSELL DRIVE is 72m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 20% of detached houses houses in Outwell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Outwell, and where 4 RUSSELL DRIVE lies on this distribution: 16% of detached houses houses are smaller than 4 RUSSELL DRIVE, and 84% of houses are larger. Note that EPC data is not available for all properties in Outwell.

4 RUSSELL DRIVE: Plot and Title Map

4 RUSSELL DRIVE sits on a plot of roughly 0.077 of an acre, or 310m². The below map shows the location of 4 RUSSELL DRIVE, 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 RUSSELL DRIVE). 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 RUSSELL DRIVE?

4 RUSSELL DRIVE is located in OUTWELL, in the PE14 postcode district. The below map shows the position of No. 4 on RUSSELL DRIVE.