BYWAYS, ROBBS CHASE, OUTWELL, WISBECH, PE14 8TB - £178,000

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

BYWAYS is a small extended detached house of 83m², built sometime between 1991 and 1995. It was last sold for £178,000 in July 2020, which was around 40% below the average July 2020 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was December 2019, where the current energy rating was D, and the potential energy rating was C.

BYWAYS Sold Prices

Land registry data shows four sales for BYWAYS 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 BYWAYS 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
2020 10 JUL	£178,000	£298,565	40% below HPI
2004 24 AUG	£135,000	£185,175	27% below HPI
1997 26 SEP	£38,000	£66,683	43% below HPI
1995 3 FEB	£33,000	£60,823	46% below HPI

BYWAYS 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 BYWAYS sales between February 1995 and July 2020 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 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the July 2020 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is BYWAYS?

BYWAYS is 83m², which includes one extension, according to the EPC inspection conducted in December 2019. This puts it in the smallest 30% of detached houses in Outwell, based on EPC data. The below chart shows the distribution of detached houses by size in Outwell, and where BYWAYS lies on this distribution: 27% of detached houses are smaller than BYWAYS, and 72% of houses are larger. Note that EPC data is not available for all properties in Outwell.

BYWAYS: Plot and Title Map

BYWAYS sits on a plot of roughly 0.225 of an acre, or 912m². The below map shows the location of BYWAYS, 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 BYWAYS). 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 BYWAYS?

BYWAYS is located on ROBBS CHASE in OUTWELL, in the PE14 postcode district. The below map shows the position of BYWAYS on ROBBS CHASE.