RIVER VIEW, MAIN STREET, WELNEY, WISBECH, PE14 9RB - £64,500

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

RIVER VIEW is a large extended detached house of 130m², built sometime between 1900 and 1929. It was last sold for £64,500 in July 1996, which was around 5% above the average July 1996 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was March 2018, where the current energy rating was E, and the potential energy rating was C.

RIVER VIEW Sold Prices

Land registry data shows two sales for RIVER VIEW 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 RIVER VIEW 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
1996 12 JUL	£64,500	£61,176	5% above HPI
1995 20 APR	£55,000	£61,372	10% below HPI

RIVER VIEW 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 RIVER VIEW sales from April 1995 and July 1996 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 April 1995 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the July 1996 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is RIVER VIEW?

RIVER VIEW is 130m², which includes one extension, according to the EPC inspection conducted in March 2018. This puts it in the largest 40% of detached houses in Welney, based on EPC data. The below chart shows the distribution of detached houses by size in Welney, and where RIVER VIEW lies on this distribution: 64% of detached houses are smaller than RIVER VIEW, and 36% of houses are larger. Note that EPC data is not available for all properties in Welney.

RIVER VIEW: Plot and Title Map

RIVER VIEW sits on a plot of roughly 0.192 of an acre, or 777m². The below map shows the location of RIVER VIEW, 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 RIVER VIEW). 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 RIVER VIEW?

RIVER VIEW is located on MAIN STREET in WELNEY, in the PE14 postcode district. The below map shows the position of RIVER VIEW on MAIN STREET.