HOPE HOUSE, LANGHORNS LANE, OUTWELL, WISBECH, PE14 8SH - £235,000

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.

HOPE HOUSE is a very large extended detached house of 195m², built sometime between 1900 and 1929, which could now be worth an estimated £383,863. It was last sold for £235,000 in November 2007, which was around 5% above the average November 2007 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was March 2011, where the current energy rating was G, and the potential energy rating was E.

HOPE HOUSE Sold Prices

Land registry data shows two sales for HOPE HOUSE 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. One of the two HOPE HOUSE sales was for above the average price, whilst the other was 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 30 NOV	£235,000	£224,505	5% above HPI
1998 18 DEC	£71,000	£75,888	6% below HPI

HOPE HOUSE 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 HOPE HOUSE sales from December 1998 and November 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 December 1998 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the November 2007 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might HOPE HOUSE be worth now?

HOPE HOUSE might now be worth an estimated £383,863.

This is based on house price inflation of 63.3%, between November 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 63.3% inflationary increase is applied to the most recent sale price for HOPE HOUSE of £235,000 on 30th November 2007. For the value to have increased from £235,000 to £383,863 over the eighteen years and nine months to February 2025, the following assumptions must hold true:

• The value of HOPE HOUSE has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The November 2007 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of HOPE HOUSE has not materially changed since November 2007.

How Large is HOPE HOUSE?

HOPE HOUSE is 195m², which includes one extension, according to the EPC inspection conducted in March 2011. This puts it in the largest 10% 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 HOPE HOUSE lies on this distribution: 94% of detached houses houses are smaller than HOPE HOUSE, and 6% of houses are larger. Note that EPC data is not available for all properties in Outwell.

HOPE HOUSE: Plot and Title Map

HOPE HOUSE sits on a plot of roughly 0.270 of an acre, or 1,092m². The below map shows the location of HOPE HOUSE, 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 HOPE HOUSE). 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 HOPE HOUSE?

HOPE HOUSE is located on LANGHORNS LANE in OUTWELL, in the PE14 postcode district. The below map shows the position of HOPE HOUSE on LANGHORNS LANE.