5, MULBERRY LEA, UPWELL, WISBECH, PE14 9AG - £265,000

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.

5 MULBERRY LEA is a midsized extended detached house of 128m², built sometime between 2007 and 2011, which could now be worth an estimated £255,859. It was last sold for £265,000 in August 2022, which was around 30% below the average August 2022 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was C.

5 MULBERRY LEA Sold Prices

Land registry data shows two sales for 5 MULBERRY LEA 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. One of the two 5 MULBERRY LEA sales was for below the average price, whilst the other was roughly equal to 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
2022 12 AUG	£265,000	£379,822	30% below HPI
2008 18 NOV	£207,900	£207,937	Close to HPI

5 MULBERRY LEA 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 5 MULBERRY LEA sales from November 2008 and August 2022 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 November 2008 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the August 2022 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 5 MULBERRY LEA be worth now?

5 MULBERRY LEA might now be worth an estimated £255,859.

This is based on house price deflation of 3.4%, between August 2022 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 3.4% deflationary decrease is applied to the most recent sale price for 5 MULBERRY LEA of £265,000 on 12th August 2022. For the value to have decreased from £265,000 to £255,859 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of 5 MULBERRY LEA has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The August 2022 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 5 MULBERRY LEA has not materially changed since August 2022.

How Large is 5 MULBERRY LEA?

5 MULBERRY LEA is 128m², which includes three extensions, according to the EPC inspection conducted in June 2022. This puts it in the largest 50% of detached houses houses in Upwell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Upwell, and where 5 MULBERRY LEA lies on this distribution: 55% of detached houses houses are smaller than 5 MULBERRY LEA, and 44% of houses are larger. Note that EPC data is not available for all properties in Upwell.

5 MULBERRY LEA: Plot and Title Map

5 MULBERRY LEA sits on a plot of roughly 0.077 of an acre, or 310m². The below map shows the location of 5 MULBERRY LEA, 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 5 MULBERRY LEA). 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 5 MULBERRY LEA?

5 MULBERRY LEA is located in UPWELL, in the PE14 postcode district. The below map shows the position of No. 5 on MULBERRY LEA.