5, THE WROE, EMNETH, WISBECH, PE14 8AL - £275,000

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

5 THE WROE is a very small detached house of 69m², built sometime between 1950 and 1966. It was last sold for £275,000 in August 2021, which was around 13% below the average August 2021 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was August 2012, where the current energy rating was D, and the potential energy rating was B.

5 THE WROE Sold Prices

Land registry data shows three sales for 5 THE WROE 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 5 THE WROE 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 AUG	£275,000	£317,860	13% below HPI
2013 21 JUN	£138,000	£206,112	33% below HPI
2006 24 NOV	£150,000	£209,542	28% below HPI

5 THE WROE 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 5 THE WROE sales between November 2006 and August 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 June 2013 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the August 2021 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 5 THE WROE?

5 THE WROE is 69m² according to the EPC inspection conducted in August 2012. This puts it in the smallest 10% of detached houses in Emneth, based on EPC data. The below chart shows the distribution of detached houses by size in Emneth, and where 5 THE WROE lies on this distribution: 6% of detached houses are smaller than 5 THE WROE, and 94% of houses are larger. Note that EPC data is not available for all properties in Emneth.

5 THE WROE: Plot and Title Map

5 THE WROE sits on a plot of roughly 0.193 of an acre, or 783m². The below map shows the location of 5 THE WROE, 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 THE WROE). 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 THE WROE?

5 THE WROE is located in EMNETH, in the PE14 postcode district. The below map shows the position of No. 5 on THE WROE.