5, WALLACE TWITE WAY, DERSINGHAM, KING'S LYNN, PE31 6XY - £136,500

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 WALLACE TWITE WAY is a very small detached house of 59m², built sometime between 1983 and 1990. It was last sold for £136,500 in November 2003, which was around 16% below the average November 2003 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 D, and the potential energy rating was B.

5 WALLACE TWITE WAY Sold Prices

Land registry data shows three sales for 5 WALLACE TWITE WAY 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 WALLACE TWITE WAY 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
2003 20 NOV	£136,500	£162,697	16% below HPI
1999 6 AUG	£60,000	£82,776	28% below HPI
1996 19 NOV	£58,950	£63,843	8% below HPI

5 WALLACE TWITE WAY 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 WALLACE TWITE WAY sales between November 1996 and November 2003 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 August 1999 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the November 2003 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 5 WALLACE TWITE WAY?

5 WALLACE TWITE WAY is 59m² according to the EPC inspection conducted in November 2022. This puts it in the smallest 10% of detached houses in Dersingham, based on EPC data. The below chart shows the distribution of detached houses by size in Dersingham, and where 5 WALLACE TWITE WAY lies on this distribution: 4% of detached houses are smaller than 5 WALLACE TWITE WAY, and 95% of houses are larger. Note that EPC data is not available for all properties in Dersingham.

5 WALLACE TWITE WAY: Plot and Title Map

5 WALLACE TWITE WAY sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of 5 WALLACE TWITE WAY, 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 WALLACE TWITE WAY). 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 WALLACE TWITE WAY?

5 WALLACE TWITE WAY is located in DERSINGHAM, in the PE31 postcode district. The below map shows the position of No. 5 on WALLACE TWITE WAY.