7, WALNUT WALK, MARHAM, KING'S LYNN, PE33 9JE - £305,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7 WALNUT WALK is a midsized extended detached house of 107m², built sometime between 1967 and 1975, which could now be worth an estimated £342,422. It was last sold for £305,000 in August 2021, which was around 7% below the average August 2021 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was January 2017, where the current energy rating was E, and the potential energy rating was C.

7 WALNUT WALK Sold Prices

Land registry data shows four sales for 7 WALNUT WALK since 1^st 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 7 WALNUT WALK 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
2021 3 AUG	£305,000	£326,643	7% below HPI
2003 14 JUL	£140,000	£163,114	14% below HPI
1998 30 SEP	£61,000	£76,645	20% below HPI
1995 27 JAN	£55,300	£61,598	10% below HPI

7 WALNUT WALK 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 four 7 WALNUT WALK sales between January 1995 and August 2021 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 July 2003 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the August 2021 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 7 WALNUT WALK be worth now?

7 WALNUT WALK might now be worth an estimated £342,422.

This is based on house price inflation of 12.3%, between August 2021 and February 2025, for detached houses, in the King's Lynn and West Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 12.3% inflationary increase is applied to the most recent sale price for 7 WALNUT WALK of £305,000 on 3rd August 2021. For the value to have increased from £305,000 to £342,422 over the four years and six months to February 2025, the following assumptions must hold true:

• The value of 7 WALNUT WALK has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The August 2021 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 7 WALNUT WALK has not materially changed since August 2021.

How Large is 7 WALNUT WALK?

7 WALNUT WALK is 107m², which includes one extension, according to the EPC inspection conducted in January 2017. This puts it in the largest 50% of detached houses houses in Marham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Marham, and where 7 WALNUT WALK lies on this distribution: 55% of detached houses houses are smaller than 7 WALNUT WALK, and 45% of houses are larger. Note that EPC data is not available for all properties in Marham.

7 WALNUT WALK: Plot and Title Map

7 WALNUT WALK sits on a plot of roughly 0.130 of an acre, or 527m². The below map shows the location of 7 WALNUT WALK, 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 7 WALNUT WALK). 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 7 WALNUT WALK?

7 WALNUT WALK is located in MARHAM, in the PE33 postcode district. The below map shows the position of No. 7 on WALNUT WALK.