CRANBOURNE, FIELD LANE, WRETTON, KING'S LYNN, PE33 9QT - £280,000

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.

CRANBOURNE is a large extended detached house of 148m², built sometime between 1976 and 1982, which could now be worth an estimated £336,364. It was last sold for £280,000 in September 2019, which was around 8% below the average September 2019 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was C.

CRANBOURNE Sold Prices

Land registry data shows two sales for CRANBOURNE 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 CRANBOURNE 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 10 SEP	£280,000	£305,269	8% below HPI
2016 7 NOV	£265,000	£273,281	3% below HPI

CRANBOURNE 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 CRANBOURNE sales from November 2016 and September 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 November 2016 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the September 2019 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might CRANBOURNE be worth now?

CRANBOURNE might now be worth an estimated £336,364.

This is based on house price inflation of 20.1%, between September 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 20.1% inflationary increase is applied to the most recent sale price for CRANBOURNE of £280,000 on 10th September 2019. For the value to have increased from £280,000 to £336,364 over the six years and seven months to February 2025, the following assumptions must hold true:

• The value of CRANBOURNE has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The September 2019 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of CRANBOURNE has not materially changed since September 2019.

How Large is CRANBOURNE?

CRANBOURNE is 148m², which includes one extension, according to the EPC inspection conducted in January 2020. This puts it in the largest 40% of detached houses houses in Wretton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wretton, and where CRANBOURNE lies on this distribution: 63% of detached houses houses are smaller than CRANBOURNE, and 37% of houses are larger. Note that EPC data is not available for all properties in Wretton.

CRANBOURNE: Plot and Title Map

CRANBOURNE sits on a plot of roughly 0.197 of an acre, or 797m². The below map shows the location of CRANBOURNE, 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 CRANBOURNE). 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 CRANBOURNE?

CRANBOURNE is located on FIELD LANE in WRETTON, in the PE33 postcode district. The below map shows the position of CRANBOURNE on FIELD LANE.