PARK HOUSE, STOKE ROAD, WEREHAM, KING'S LYNN, PE33 9AT - £507,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

PARK HOUSE is a very large extended detached house of 191m², built sometime between 1950 and 1966. It was last sold for £507,500 in December 2021, which was around 51% above the average December 2021 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was August 2020, where the current energy rating was E, and the potential energy rating was C.

PARK HOUSE Sold Prices

Land registry data shows two sales for PARK 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. Both of the two PARK HOUSE 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
2021 8 DEC	£507,500	£336,769	51% above HPI
2006 7 JUN	£275,000	£199,143	38% above HPI

PARK 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 PARK HOUSE sales from June 2006 and December 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 June 2006 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the December 2021 sale, where it rises to 51% above the HPI. The line then continues to track at 51% above the HPI.

How Large is PARK HOUSE?

PARK HOUSE is 191m², which includes two extensions, according to the EPC inspection conducted in August 2020. This puts it in the largest 20% of detached houses in Wereham, based on EPC data. The below chart shows the distribution of detached houses by size in Wereham, and where PARK HOUSE lies on this distribution: 87% of detached houses are smaller than PARK HOUSE, and 13% of houses are larger. Note that EPC data is not available for all properties in Wereham.

PARK HOUSE: Plot and Title Map

PARK HOUSE sits on a plot of roughly 0.370 of an acre, or 1,499m². The below map shows the location of PARK 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 PARK 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 PARK HOUSE?

PARK HOUSE is located on STOKE ROAD in WEREHAM, in the PE33 postcode district. The below map shows the position of PARK HOUSE on STOKE ROAD.