9, THE RUSSETS, UPWELL, WISBECH, PE14 9AQ - £140,000

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.

9 THE RUSSETS is a very small detached house of 77m², built sometime between 1991 and 1995, which could now be worth an estimated £223,196. It was last sold for £140,000 in June 2014, which was around 39% below the average June 2014 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was October 2013, where the current energy rating was E, and the potential energy rating was B.

9 THE RUSSETS Sold Prices

Land registry data shows three sales for 9 THE RUSSETS since 1^st January 1995. The below table shows the price paid for the three 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 three 9 THE RUSSETS 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
2014 18 JUN	£140,000	£230,026	39% below HPI
2004 10 AUG	£118,000	£190,292	38% below HPI
2003 16 OCT	£126,000	£172,561	27% below HPI

9 THE RUSSETS 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 three 9 THE RUSSETS sales between October 2003 and June 2014 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 August 2004 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the June 2014 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might 9 THE RUSSETS be worth now?

9 THE RUSSETS might now be worth an estimated £223,196.

This is based on house price inflation of 59.4%, between June 2014 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 59.4% inflationary increase is applied to the most recent sale price for 9 THE RUSSETS of £140,000 on 18th June 2014. For the value to have increased from £140,000 to £223,196 over the eleven years and four months to February 2025, the following assumptions must hold true:

• The value of 9 THE RUSSETS has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The June 2014 sale price of £140,000 represented a fair market value for the property.
• The size, condition, and specification of 9 THE RUSSETS has not materially changed since June 2014.

How Large is 9 THE RUSSETS?

9 THE RUSSETS is 77m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 20% of detached houses houses in Upwell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Upwell, and where 9 THE RUSSETS lies on this distribution: 13% of detached houses houses are smaller than 9 THE RUSSETS, and 85% of houses are larger. Note that EPC data is not available for all properties in Upwell.

9 THE RUSSETS: Plot and Title Map

9 THE RUSSETS sits on a plot of roughly 0.127 of an acre, or 515m². The below map shows the location of 9 THE RUSSETS, 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 9 THE RUSSETS). 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 9 THE RUSSETS?

9 THE RUSSETS is located in UPWELL, in the PE14 postcode district. The below map shows the position of No. 9 on THE RUSSETS.