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

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

7 WALNUT WALK is a midsized extended detached house of 107m², built sometime between 1967 and 1975. It was last sold for £305,000 in August 2021, which was around 4% 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	£317,860	4% below HPI
2003 14 JUL	£140,000	£158,728	12% below HPI
1998 30 SEP	£61,000	£74,584	18% below HPI
1995 27 JAN	£55,300	£59,942	8% 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 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the August 2021 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

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 in Marham, based on EPC data. The below chart shows the distribution of detached houses by size in Marham, and where 7 WALNUT WALK lies on this distribution: 55% of detached 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.