45, CHURCH DROVE, OUTWELL, WISBECH, PE14 8RH - £125,000

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

45 CHURCH DROVE is a small extended detached house of 79m², built sometime between 1930 and 1949. It was last sold for £125,000 in March 2008, which was around 42% below the average March 2008 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was November 2022, where the current energy rating was E, and the potential energy rating was B.

45 CHURCH DROVE Sold Prices

Land registry data shows two sales for 45 CHURCH DROVE 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 45 CHURCH DROVE 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
2008 7 MAR	£125,000	£216,664	42% below HPI
2003 25 JUL	£67,000	£158,728	58% below HPI

45 CHURCH DROVE 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 45 CHURCH DROVE sales from July 2003 and March 2008 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 July 2003 sale was for 58% below the HPI. So the extrapolation line tracks at 58% below the HPI over time, until the March 2008 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 45 CHURCH DROVE?

45 CHURCH DROVE is 79m², which includes three extensions, according to the EPC inspection conducted in November 2022. This puts it in the smallest 30% of detached houses in Outwell, based on EPC data. The below chart shows the distribution of detached houses by size in Outwell, and where 45 CHURCH DROVE lies on this distribution: 24% of detached houses are smaller than 45 CHURCH DROVE, and 76% of houses are larger. Note that EPC data is not available for all properties in Outwell.

45 CHURCH DROVE: Plot and Title Map

45 CHURCH DROVE sits on a plot of roughly 0.140 of an acre, or 567m². The below map shows the location of 45 CHURCH DROVE, 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 45 CHURCH DROVE). 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 45 CHURCH DROVE?

45 CHURCH DROVE is located in OUTWELL, in the PE14 postcode district. The below map shows the position of No. 45 on CHURCH DROVE.