OAK TREE FARM, CHEQUERS ROAD, WRETTON, KING'S LYNN, PE33 9QS - £450,000

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.

OAK TREE FARM is a very large extended detached house of 203m², built sometime before 1900, which could now be worth an estimated £542,209. It was last sold for £450,000 in August 2019, which was around 48% above the average August 2019 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was April 2019, where the current energy rating was F, and the potential energy rating was B.

OAK TREE FARM Sold Prices

Land registry data shows two sales for OAK TREE FARM 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 OAK TREE FARM sales were for above 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 14 AUG	£450,000	£304,355	48% above HPI
2004 30 JUN	£280,000	£182,114	54% above HPI

OAK TREE FARM 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 OAK TREE FARM sales from June 2004 and August 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 June 2004 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the August 2019 sale, where it falls to 48% above the HPI. The line then continues to track at 48% above the HPI.

What might OAK TREE FARM be worth now?

OAK TREE FARM might now be worth an estimated £542,209.

This is based on house price inflation of 20.5%, between August 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 20.5% inflationary increase is applied to the most recent sale price for OAK TREE FARM of £450,000 on 14th August 2019. For the value to have increased from £450,000 to £542,209 over the six years and six months to February 2025, the following assumptions must hold true:

• The value of OAK TREE FARM has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The August 2019 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of OAK TREE FARM has not materially changed since August 2019.

How Large is OAK TREE FARM?

OAK TREE FARM is 203m², which includes four extensions, according to the EPC inspection conducted in April 2019. This puts it in the largest 10% 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 OAK TREE FARM lies on this distribution: 91% of detached houses houses are smaller than OAK TREE FARM, and 9% of houses are larger. Note that EPC data is not available for all properties in Wretton.

OAK TREE FARM: Plot and Title Map

OAK TREE FARM sits on a plot of roughly 0.285 of an acre, or 1,154m². The below map shows the location of OAK TREE FARM, 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 OAK TREE FARM). 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 OAK TREE FARM?

OAK TREE FARM is located on CHEQUERS ROAD in WRETTON, in the PE33 postcode district. The below map shows the position of OAK TREE FARM on CHEQUERS ROAD.