CANAL VIEW, BASIN ROAD, OUTWELL, WISBECH, PE14 8TQ - £252,500

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.

CANAL VIEW is a small detached house of 90m², which could now be worth an estimated £309,116. It was last sold for £252,500 in June 2019, which was around 16% below the average June 2019 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was July 2017, where the current energy rating was C, and the potential energy rating was B.

CANAL VIEW Sold Prices

Land registry data shows three sales for CANAL VIEW 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 CANAL VIEW 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
2019 24 JUN	£252,500	£299,554	16% below HPI
2017 31 JUL	£235,000	£285,970	18% below HPI
2016 27 SEP	£220,000	£264,628	17% below HPI

CANAL VIEW 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 CANAL VIEW sales between September 2016 and June 2019 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 2017 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the June 2019 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might CANAL VIEW be worth now?

CANAL VIEW might now be worth an estimated £309,116.

This is based on house price inflation of 22.4%, between June 2019 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 22.4% inflationary increase is applied to the most recent sale price for CANAL VIEW of £252,500 on 24th June 2019. For the value to have increased from £252,500 to £309,116 over the six years and four months to February 2025, the following assumptions must hold true:

• The value of CANAL VIEW has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The June 2019 sale price of £252,500 represented a fair market value for the property.
• The size, condition, and specification of CANAL VIEW has not materially changed since June 2019.

How Large is CANAL VIEW?

CANAL VIEW is 90m² according to the EPC inspection conducted in July 2017. This puts it in the smallest 40% of detached houses houses in Outwell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Outwell, and where CANAL VIEW lies on this distribution: 39% of detached houses houses are smaller than CANAL VIEW, and 59% of houses are larger. Note that EPC data is not available for all properties in Outwell.

CANAL VIEW: Plot and Title Map

CANAL VIEW sits on a plot of roughly 0.092 of an acre, or 372m². The below map shows the location of CANAL VIEW, 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 CANAL VIEW). 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 CANAL VIEW?

CANAL VIEW is located on BASIN ROAD in OUTWELL, in the PE14 postcode district. The below map shows the position of CANAL VIEW on BASIN ROAD.