THE OLD WELNEY NURSERY, WISBECH ROAD, WELNEY, WISBECH, PE14 9RQ - £297,500

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

THE OLD WELNEY NURSERY is a large extended detached house of 178m², built sometime between 1930 and 1949. It was last sold for £297,500 in July 2012, which was around 46% above the average July 2012 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was April 2011, where the current energy rating was D, and the potential energy rating was D.

THE OLD WELNEY NURSERY Sold Prices

Land registry data shows two sales for THE OLD WELNEY NURSERY 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 THE OLD WELNEY NURSERY 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
2012 13 JUL	£297,500	£203,530	46% above HPI
2005 15 MAR	£195,000	£181,580	7% above HPI

THE OLD WELNEY NURSERY 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 OLD WELNEY NURSERY sales from March 2005 and July 2012 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 March 2005 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the July 2012 sale, where it rises to 46% above the HPI. The line then continues to track at 46% above the HPI.

How Large is THE OLD WELNEY NURSERY?

THE OLD WELNEY NURSERY is 178m², which includes two extensions, according to the EPC inspection conducted in April 2011. This puts it in the largest 30% 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 OLD WELNEY NURSERY lies on this distribution: 79% of detached houses are smaller than THE OLD WELNEY NURSERY, and 21% of houses are larger. Note that EPC data is not available for all properties in Welney.

THE OLD WELNEY NURSERY: Plot and Title Map

THE OLD WELNEY NURSERY sits on a plot of roughly 0.542 of an acre, or 2,195m². The below map shows the location of THE OLD WELNEY NURSERY, 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 OLD WELNEY NURSERY). 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 OLD WELNEY NURSERY?

THE OLD WELNEY NURSERY is located on WISBECH ROAD in WELNEY, in the PE14 postcode district. The below map shows the position of THE OLD WELNEY NURSERY on WISBECH ROAD.