6, BRIDLE CLOSE, OUTWELL, WISBECH, PE14 8RT - £160,000

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

6 BRIDLE CLOSE is a very small detached house of 74m², built sometime from 2007 onwards. It was last sold for £160,000 in February 2016, which was around 35% below the average February 2016 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was October 2009, where the current energy rating was D, and the potential energy rating was D.

6 BRIDLE CLOSE Sold Prices

Land registry data shows two sales for 6 BRIDLE CLOSE 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. Both of the two 6 BRIDLE CLOSE 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 1 FEB	£160,000	£247,535	35% below HPI
2010 1 NOV	£130,000	£205,181	37% below HPI

6 BRIDLE CLOSE 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 6 BRIDLE CLOSE sales from November 2010 and February 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 November 2010 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the February 2016 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 6 BRIDLE CLOSE?

6 BRIDLE CLOSE is 74m² according to the EPC inspection conducted in October 2009. This puts it in the smallest 20% of detached houses in Outwell, based on EPC data. The below chart shows the distribution of detached houses by size in Outwell, and where 6 BRIDLE CLOSE lies on this distribution: 18% of detached houses are smaller than 6 BRIDLE CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Outwell.

6 BRIDLE CLOSE: Plot and Title Map

6 BRIDLE CLOSE sits on a plot of roughly 0.078 of an acre, or 318m². The below map shows the location of 6 BRIDLE CLOSE, 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 6 BRIDLE CLOSE). 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 6 BRIDLE CLOSE?

6 BRIDLE CLOSE is located in OUTWELL, in the PE14 postcode district. The below map shows the position of No. 6 on BRIDLE CLOSE.