THE BUNGALOW, NEW ROAD, WELNEY, WISBECH, PE14 9RA - £199,995

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

THE BUNGALOW is a large extended detached house of 133m², built sometime between 1930 and 1949. It was last sold for £199,995 in August 2017, which was around 29% below the average August 2017 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was April 2013, where the current energy rating was E, and the potential energy rating was C.

THE BUNGALOW Sold Prices

Land registry data shows three sales for THE BUNGALOW 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 THE BUNGALOW 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
2017 4 AUG	£199,995	£280,393	29% below HPI
2014 25 NOV	£163,000	£231,016	29% below HPI
2005 30 SEP	£90,000	£195,935	54% below HPI

THE BUNGALOW 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 THE BUNGALOW sales between September 2005 and August 2017 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 November 2014 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the August 2017 sale, which was also at 29% below the HPI.

How Large is THE BUNGALOW?

THE BUNGALOW is 133m², which includes one extension, according to the EPC inspection conducted in April 2013. 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 THE BUNGALOW lies on this distribution: 68% of detached houses are smaller than THE BUNGALOW, and 32% of houses are larger. Note that EPC data is not available for all properties in Welney.

THE BUNGALOW: Plot and Title Map

THE BUNGALOW sits on a plot of roughly 0.142 of an acre, or 574m². The below map shows the location of THE BUNGALOW, 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 BUNGALOW). 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 BUNGALOW?

THE BUNGALOW is located on NEW ROAD in WELNEY, in the PE14 postcode district. The below map shows the position of THE BUNGALOW on NEW ROAD.