THE BARN, LANGHORNS LANE, OUTWELL, WISBECH, PE14 8SG - £425,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

THE BARN is a very large detached house of 272m², built in 2022, which could now be worth an estimated £442,446. It was last sold for £425,000 in April 2024, which was around 18% above the average April 2024 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was September 2022, where the current energy rating was B, and the potential energy rating was B.

THE BARN Sold Prices

Land registry data shows two sales for THE BARN 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 THE BARN 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
2024 17 APR	£425,000	£359,363	18% above HPI
2021 2 JUL	£225,000	£323,796	31% below HPI

THE BARN 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 THE BARN sales from July 2021 and April 2024 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 July 2021 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the April 2024 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might THE BARN be worth now?

THE BARN might now be worth an estimated £442,446.

This is based on house price inflation of 4.1%, between April 2024 and December 2024, 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 4.1% inflationary increase is applied to the most recent sale price for THE BARN of £425,000 on 17th April 2024. For the value to have increased from £425,000 to £442,446 over the four months to December 2024, the following assumptions must hold true:

• The value of THE BARN has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The April 2024 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of THE BARN has not materially changed since April 2024.

How Large is THE BARN?

THE BARN is 272m² according to the EPC inspection conducted in September 2022. This puts it in the largest 10% 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 THE BARN lies on this distribution: 99% of detached houses houses are smaller than THE BARN, and 1% of houses are larger. Note that EPC data is not available for all properties in Outwell.

THE BARN: Plot and Title Map

THE BARN sits on a plot of roughly 4.7 acres, or 18,858m². The below map shows the location of THE BARN, 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 THE BARN). 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 THE BARN?

THE BARN is located on LANGHORNS LANE in OUTWELL, in the PE14 postcode district. The below map shows the position of THE BARN on LANGHORNS LANE.