BURSTOCK, LOWSIDE, OUTWELL, WISBECH, PE14 8RF - £183,000

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

BURSTOCK is a very small detached house of 69m², built sometime between 1983 and 1990. It was last sold for £183,000 in November 2016, which was around 31% below the average November 2016 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

BURSTOCK Sold Prices

Land registry data shows three sales for BURSTOCK 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 BURSTOCK 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
2016 11 NOV	£183,000	£265,933	31% below HPI
2015 31 JUL	£176,000	£241,060	27% below HPI
2014 17 OCT	£130,000	£229,088	43% below HPI

BURSTOCK 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 BURSTOCK sales between October 2014 and November 2016 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 2015 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the November 2016 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is BURSTOCK?

BURSTOCK is 69m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 20% of detached houses in Outwell, based on EPC data. The below chart shows the distribution of detached houses by size in Outwell, and where BURSTOCK lies on this distribution: 13% of detached houses are smaller than BURSTOCK, and 87% of houses are larger. Note that EPC data is not available for all properties in Outwell.

BURSTOCK: Plot and Title Map

BURSTOCK sits on a plot of roughly 0.091 of an acre, or 366m². The below map shows the location of BURSTOCK, 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 BURSTOCK). 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 BURSTOCK?

BURSTOCK is located on LOWSIDE in OUTWELL, in the PE14 postcode district. The below map shows the position of BURSTOCK on LOWSIDE.