THE CHESTNUTS, SALTS ROAD, WEST WALTON, WISBECH, PE14 7EJ - £450,000

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

THE CHESTNUTS is a very large extended detached house of 213m², built sometime between 1996 and 2002. It was last sold for £450,000 in May 2022, which was around 28% above the average May 2022 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was D.

THE CHESTNUTS Sold Prices

Land registry data shows four sales for THE CHESTNUTS since 1^st January 1995. The below table shows the price paid for the four 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 four THE CHESTNUTS 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
2022 19 MAY	£450,000	£352,797	28% above HPI
2016 11 JAN	£320,000	£246,264	30% above HPI
2014 4 JUL	£283,000	£223,815	26% above HPI
2002 6 DEC	£188,000	£145,148	30% above HPI

THE CHESTNUTS 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 four THE CHESTNUTS sales between December 2002 and May 2022 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 January 2016 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the May 2022 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is THE CHESTNUTS?

THE CHESTNUTS is 213m², which includes one extension, according to the EPC inspection conducted in September 2021. This puts it in the largest 20% of detached houses in West Walton, based on EPC data. The below chart shows the distribution of detached houses by size in West Walton, and where THE CHESTNUTS lies on this distribution: 85% of detached houses are smaller than THE CHESTNUTS, and 15% of houses are larger. Note that EPC data is not available for all properties in West Walton.

THE CHESTNUTS: Plot and Title Map

THE CHESTNUTS sits on a plot of roughly 0.194 of an acre, or 784m². The below map shows the location of THE CHESTNUTS, 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 CHESTNUTS). 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 CHESTNUTS?

THE CHESTNUTS is located on SALTS ROAD in WEST WALTON, in the PE14 postcode district. The below map shows the position of THE CHESTNUTS on SALTS ROAD.