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
55 FEN ROAD is a large extended detached house of 123m², built sometime between 1950 and 1966. It was last sold for £373,000 in August 2023, which was about the average August 2023 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 55 FEN ROAD since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the King's Lynn and West Norfolk local authority area for the corresponding sale date. The four 55 FEN ROAD sales were a mix of roughly equal to the average price, and 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 |
---|---|---|---|
2023 2 AUG | £373,000 | £371,500 | Close to HPI |
2020 21 FEB | £270,000 | £290,310 | 7% below HPI |
2017 12 MAY | £252,500 | £271,048 | 7% below HPI |
1995 31 MAY | £33,000 | £61,005 | 46% below HPI |
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 four 55 FEN ROAD sales between May 1995 and August 2023 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 February 2020 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the August 2023 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.
55 FEN ROAD is 123m², which includes three extensions, according to the EPC inspection conducted in March 2016. This puts it in the largest 40% of detached houses in Watlington, based on EPC data. The below chart shows the distribution of detached houses by size in Watlington, and where 55 FEN ROAD lies on this distribution: 69% of detached houses are smaller than 55 FEN ROAD, and 31% of houses are larger. Note that EPC data is not available for all properties in Watlington.
55 FEN ROAD sits on a plot of roughly 0.149 of an acre, or 602m². The below map shows the location of 55 FEN ROAD, 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 55 FEN ROAD). 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.
55 FEN ROAD is located in WATLINGTON, in the PE33 postcode district. The below map shows the position of No. 55 on FEN ROAD.