5, WEST WAY, WIMBOTSHAM, KING'S LYNN, PE34 3PZ - £185,000

Based on the November 2024 Price Paid Data (released on 2nd January 2025), the October 2024 House Price Index (released on 18th December 2024), and the October 2024 Energy Performance of Buildings Data (released on 28th November 2024). Sources

5 WEST WAY is a very small detached house of 60m², built sometime between 1950 and 1966. It was last sold for £185,000 in May 2016, which was around 27% below the average May 2016 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was A.

5 WEST WAY Sold Prices

Land registry data shows five sales for 5 WEST WAY since 1^st January 1995. The below table shows the price paid for the five 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 five 5 WEST 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
2016 20 MAY	£185,000	£252,970	27% below HPI
2014 18 DEC	£160,000	£227,818	30% below HPI
2000 28 FEB	£62,000	£84,268	26% below HPI
1998 7 AUG	£57,000	£75,005	24% below HPI
1995 12 OCT	£48,000	£57,649	17% below HPI

5 WEST 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 five 5 WEST WAY sales between October 1995 and May 2016 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 December 2014 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the May 2016 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 5 WEST WAY?

5 WEST WAY is 60m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 10% of detached houses in Wimbotsham, based on EPC data. The below chart shows the distribution of detached houses by size in Wimbotsham, and where 5 WEST WAY lies on this distribution: 1% of detached houses are smaller than 5 WEST WAY, and 97% of houses are larger. Note that EPC data is not available for all properties in Wimbotsham.

5 WEST WAY: Plot and Title Map

5 WEST WAY sits on a plot of roughly 0.121 of an acre, or 489m². The below map shows the location of 5 WEST 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 WEST 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 WEST WAY?

5 WEST WAY is located in WIMBOTSHAM, in the PE34 postcode district. The below map shows the position of No. 5 on WEST WAY.