HAZELWELL, THE STREET, MARHAM, KING'S LYNN, PE33 9JP - £310,000

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.

HAZELWELL is a midsized extended detached house of 99m², built sometime between 1976 and 1982, which could now be worth an estimated £351,095. It was last sold for £310,000 in July 2021, which was around 4% below the average July 2021 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was January 2019, where the current energy rating was F, and the potential energy rating was C.

HAZELWELL Sold Prices

Land registry data shows two sales for HAZELWELL 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 HAZELWELL 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
2021 30 JUL	£310,000	£323,796	4% below HPI
2019 20 MAY	£245,000	£298,680	18% below HPI

HAZELWELL 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 HAZELWELL sales from May 2019 and July 2021 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 May 2019 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the July 2021 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might HAZELWELL be worth now?

HAZELWELL might now be worth an estimated £351,095.

This is based on house price inflation of 13.3%, between July 2021 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 13.3% inflationary increase is applied to the most recent sale price for HAZELWELL of £310,000 on 30th July 2021. For the value to have increased from £310,000 to £351,095 over the four years and five months to February 2025, the following assumptions must hold true:

• The value of HAZELWELL has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The July 2021 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of HAZELWELL has not materially changed since July 2021.

How Large is HAZELWELL?

HAZELWELL is 99m², which includes two extensions, according to the EPC inspection conducted in January 2019. This puts it in the smallest 50% of detached houses houses in Marham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Marham, and where HAZELWELL lies on this distribution: 46% of detached houses houses are smaller than HAZELWELL, and 54% of houses are larger. Note that EPC data is not available for all properties in Marham.

HAZELWELL: Plot and Title Map

HAZELWELL sits on a plot of roughly 0.202 of an acre, or 816m². The below map shows the location of HAZELWELL, 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 HAZELWELL). 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 HAZELWELL?

HAZELWELL is located on THE STREET in MARHAM, in the PE33 postcode district. The below map shows the position of HAZELWELL on THE STREET.