4, WALNUT WALK, MARHAM, KING'S LYNN, PE33 9JE - £230,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 WALNUT WALK is a small detached house of 81m², built sometime between 1976 and 1982, which could now be worth an estimated £255,069. It was last sold for £230,000 in June 2021, which was around 30% below the average June 2021 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

4 WALNUT WALK Sold Prices

Land registry data shows two sales for 4 WALNUT WALK 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 WALNUT WALK 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 22 JUN	£230,000	£330,677	30% below HPI
2011 21 OCT	£159,000	£206,228	23% below HPI

4 WALNUT WALK 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 WALNUT WALK sales from October 2011 and June 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 October 2011 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the June 2021 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 4 WALNUT WALK be worth now?

4 WALNUT WALK might now be worth an estimated £255,069.

This is based on house price inflation of 10.9%, between June 2021 and February 2025, 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 10.9% inflationary increase is applied to the most recent sale price for 4 WALNUT WALK of £230,000 on 22nd June 2021. For the value to have increased from £230,000 to £255,069 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 4 WALNUT WALK has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The June 2021 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 4 WALNUT WALK has not materially changed since June 2021.

How Large is 4 WALNUT WALK?

4 WALNUT WALK is 81m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 30% of detached houses houses in Marham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Marham, and where 4 WALNUT WALK lies on this distribution: 24% of detached houses houses are smaller than 4 WALNUT WALK, and 75% of houses are larger. Note that EPC data is not available for all properties in Marham.

4 WALNUT WALK: Plot and Title Map

4 WALNUT WALK sits on a plot of roughly 0.121 of an acre, or 490m². The below map shows the location of 4 WALNUT WALK, 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 WALNUT WALK). 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 WALNUT WALK?

4 WALNUT WALK is located in MARHAM, in the PE33 postcode district. The below map shows the position of No. 4 on WALNUT WALK.