REGENE, MILL ROAD, WALPOLE HIGHWAY, WISBECH, PE14 7QJ - £145,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

REGENE is a very small detached house of 85m², built sometime between 2003 and 2006. It was last sold for £145,000 in August 2016, which was around 44% below the average August 2016 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was August 2015, where the current energy rating was C, and the potential energy rating was B.

REGENE Sold Prices

Land registry data shows two sales for REGENE 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 REGENE 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
2016 12 AUG	£145,000	£257,056	44% below HPI
2006 28 JUN	£81,000	£199,143	59% below HPI

REGENE 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 REGENE sales from June 2006 and August 2016 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 59% below the HPI. So the extrapolation line tracks at 59% below the HPI over time, until the August 2016 sale, where it rises to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is REGENE?

REGENE is 85m² according to the EPC inspection conducted in August 2015. This puts it in the smallest 20% of detached houses in Walpole Highway, based on EPC data. The below chart shows the distribution of detached houses by size in Walpole Highway, and where REGENE lies on this distribution: 20% of detached houses are smaller than REGENE, and 76% of houses are larger. Note that EPC data is not available for all properties in Walpole Highway.

REGENE: Plot and Title Map

REGENE sits on a plot of roughly 0.052 of an acre, or 211m². The below map shows the location of REGENE, 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 REGENE). 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 REGENE?

REGENE is located on MILL ROAD in WALPOLE HIGHWAY, in the PE14 postcode district. The below map shows the position of REGENE on MILL ROAD.