FORNELS, LYNN ROAD, WALTON HIGHWAY, WISBECH, PE14 7DE - £180,000

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.

FORNELS is a small extended detached house of 111m², built sometime between 1996 and 2002, which could now be worth an estimated £287,632. It was last sold for £180,000 in December 2007, which was around 22% below the average December 2007 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was C.

FORNELS Sold Prices

Land registry data shows two sales for FORNELS 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 FORNELS 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
2007 6 DEC	£180,000	£229,493	22% below HPI
2002 8 FEB	£110,000	£125,343	12% below HPI

FORNELS 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 FORNELS sales from February 2002 and December 2007 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 2002 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the December 2007 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might FORNELS be worth now?

FORNELS might now be worth an estimated £287,632.

This is based on house price inflation of 59.8%, between December 2007 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 59.8% inflationary increase is applied to the most recent sale price for FORNELS of £180,000 on 6th December 2007. For the value to have increased from £180,000 to £287,632 over the eighteen years and ten months to February 2025, the following assumptions must hold true:

• The value of FORNELS has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The December 2007 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of FORNELS has not materially changed since December 2007.

How Large is FORNELS?

FORNELS is 111m², which includes two extensions, according to the EPC inspection conducted in September 2020. This puts it in the smallest 40% of detached houses houses in Walton Highway, based on EPC data. The below chart shows the distribution of detached houses houses by size in Walton Highway, and where FORNELS lies on this distribution: 38% of detached houses houses are smaller than FORNELS, and 61% of houses are larger. Note that EPC data is not available for all properties in Walton Highway.

FORNELS: Plot and Title Map

FORNELS sits on a plot of roughly 0.096 of an acre, or 389m². The below map shows the location of FORNELS, 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 FORNELS). 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 FORNELS?

FORNELS is located on LYNN ROAD in WALTON HIGHWAY, in the PE14 postcode district. The below map shows the position of FORNELS on LYNN ROAD.