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

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

5 MULBERRY LEA is a midsized extended detached house of 128m², built sometime between 2007 and 2011. It was last sold for £265,000 in August 2022, which was around 28% 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 for above 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	£369,609	28% below HPI
2008 18 NOV	£207,900	£202,345	3% above 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 was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the August 2022 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

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 in Upwell, based on EPC data. The below chart shows the distribution of detached houses by size in Upwell, and where 5 MULBERRY LEA lies on this distribution: 54% of detached 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.