AXHOLME, MAIN STREET, WELNEY, WISBECH, PE14 9RB - £425,000

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

AXHOLME is a very large detached house of 194m², built sometime between 1991 and 1995. It was last sold for £425,000 in September 2021, which was around 33% above the average September 2021 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was C.

AXHOLME Sold Prices

Land registry data shows four sales for AXHOLME 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 AXHOLME sales were for above 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 29 SEP	£425,000	£318,711	33% above HPI
2014 18 MAR	£290,000	£211,616	37% above HPI
2006 16 OCT	£312,000	£209,422	49% above HPI
2000 14 MAR	£144,000	£83,785	72% above HPI

AXHOLME 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 AXHOLME sales between March 2000 and September 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 March 2014 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the September 2021 sale, where it falls to 33% above the HPI. The line then continues to track at 33% above the HPI.

How Large is AXHOLME?

AXHOLME is 194m² according to the EPC inspection conducted in July 2013. This puts it in the largest 20% of detached houses in Welney, based on EPC data. The below chart shows the distribution of detached houses by size in Welney, and where AXHOLME lies on this distribution: 83% of detached houses are smaller than AXHOLME, and 15% of houses are larger. Note that EPC data is not available for all properties in Welney.

AXHOLME: Plot and Title Map

AXHOLME sits on a plot of roughly 0.185 of an acre, or 748m². The below map shows the location of AXHOLME, 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 AXHOLME). 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 AXHOLME?

AXHOLME is located on MAIN STREET in WELNEY, in the PE14 postcode district. The below map shows the position of AXHOLME on MAIN STREET.