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
62 BLACKBEAR LANE is a small extended detached house of 82m², built sometime between 1930 and 1949. It was last sold for £255,495 in January 2023, which was around 33% below the average January 2023 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 62 BLACKBEAR LANE 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. All of the four 62 BLACKBEAR LANE 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 |
---|---|---|---|
2023 20 JAN | £255,495 | £379,032 | 33% below HPI |
2016 23 MAY | £162,500 | £252,970 | 36% below HPI |
2002 5 JUL | £94,000 | £128,519 | 27% below HPI |
1995 29 SEP | £38,000 | £57,962 | 34% 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 62 BLACKBEAR LANE sales between September 1995 and January 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 May 2016 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the January 2023 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.
62 BLACKBEAR LANE is 82m², which includes one extension, according to the EPC inspection conducted in April 2016. This puts it in the smallest 30% of detached houses in Wisbech, based on EPC data. The below chart shows the distribution of detached houses by size in Wisbech, and where 62 BLACKBEAR LANE lies on this distribution: 30% of detached houses are smaller than 62 BLACKBEAR LANE, and 70% of houses are larger. Note that EPC data is not available for all properties in Wisbech.
62 BLACKBEAR LANE sits on a plot of roughly 0.117 of an acre, or 475m². The below map shows the location of 62 BLACKBEAR LANE, 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 62 BLACKBEAR LANE). 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.
62 BLACKBEAR LANE is located in WISBECH, in the PE13 postcode district. The below map shows the position of No. 62 on BLACKBEAR LANE.