BRIDGE HOUSE, ISLE ROAD, OUTWELL, WISBECH, PE14 8TD - £190,000

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

BRIDGE HOUSE is a large extended detached house of 123m², built sometime between 1996 and 2002. It was last sold for £190,000 in November 2015, which was around 24% below the average November 2015 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was C.

BRIDGE HOUSE Sold Prices

Land registry data shows two sales for BRIDGE HOUSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the King's Lynn and West Norfolk local authority area for the corresponding sale date. Both of the two BRIDGE HOUSE 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
2015 30 NOV	£190,000	£250,512	24% below HPI
1997 3 FEB	£59,950	£65,491	8% below HPI

BRIDGE HOUSE 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 two BRIDGE HOUSE sales from February 1997 and November 2015 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 February 1997 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the November 2015 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is BRIDGE HOUSE?

BRIDGE HOUSE is 123m², which includes one extension, according to the EPC inspection conducted in March 2019. This puts it in the largest 40% of detached houses in Outwell, based on EPC data. The below chart shows the distribution of detached houses by size in Outwell, and where BRIDGE HOUSE lies on this distribution: 66% of detached houses are smaller than BRIDGE HOUSE, and 34% of houses are larger. Note that EPC data is not available for all properties in Outwell.

BRIDGE HOUSE: Plot and Title Map

BRIDGE HOUSE sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of BRIDGE HOUSE, 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 BRIDGE HOUSE). 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 BRIDGE HOUSE?

BRIDGE HOUSE is located on ISLE ROAD in OUTWELL, in the PE14 postcode district. The below map shows the position of BRIDGE HOUSE on ISLE ROAD.