PANDORA, BASIN ROAD, OUTWELL, WISBECH, PE14 8TQ - £295,000

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.

PANDORA is a very large extended detached house of 175m², built sometime between 1950 and 1966, which could now be worth an estimated £348,007. It was last sold for £295,000 in September 2020, which was around 5% below the average September 2020 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was B.

PANDORA Sold Prices

Land registry data shows three sales for PANDORA since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the King's Lynn and West Norfolk local authority area for the corresponding sale date. All of the three PANDORA 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
2020 4 SEP	£295,000	£310,863	5% below HPI
2013 29 OCT	£212,000	£218,645	3% below HPI
2001 2 NOV	£82,500	£115,086	28% below HPI

PANDORA 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 three PANDORA sales between November 2001 and September 2020 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 October 2013 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the September 2020 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might PANDORA be worth now?

PANDORA might now be worth an estimated £348,007.

This is based on house price inflation of 18%, between September 2020 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 18% inflationary increase is applied to the most recent sale price for PANDORA of £295,000 on 4th September 2020. For the value to have increased from £295,000 to £348,007 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of PANDORA has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The September 2020 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of PANDORA has not materially changed since September 2020.

How Large is PANDORA?

PANDORA is 175m², which includes one extension, according to the EPC inspection conducted in October 2012. This puts it in the largest 20% 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 PANDORA lies on this distribution: 87% of detached houses houses are smaller than PANDORA, and 13% of houses are larger. Note that EPC data is not available for all properties in Outwell.

PANDORA: Plot and Title Map

PANDORA sits on a plot of roughly 0.181 of an acre, or 731m². The below map shows the location of PANDORA, 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 PANDORA). 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 PANDORA?

PANDORA is located on BASIN ROAD in OUTWELL, in the PE14 postcode district. The below map shows the position of PANDORA on BASIN ROAD.