THE WILLOWS, MARCH ROAD, WELNEY, WISBECH, PE14 9SA - £350,000

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 WILLOWS is a large detached house of 151m², built sometime between 1983 and 1990. It was last sold for £350,000 in June 2023, which was around 4% below the average June 2023 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was November 2012, where the current energy rating was D, and the potential energy rating was B.

THE WILLOWS Sold Prices

Land registry data shows five sales for THE WILLOWS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the King's Lynn and West Norfolk local authority area for the corresponding sale date. Most of the five THE WILLOWS 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
2023 6 JUN	£350,000	£363,024	4% below HPI
2016 15 MAR	£220,000	£255,469	14% below HPI
2014 14 FEB	£207,500	£217,077	4% below HPI
2000 30 JUN	£110,000	£92,384	19% above HPI
1999 19 MAR	£23,500	£74,529	68% below HPI

THE WILLOWS 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 five THE WILLOWS sales between March 1999 and June 2023 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 2016 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the June 2023 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is THE WILLOWS?

THE WILLOWS is 151m² according to the EPC inspection conducted in November 2012. 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 WILLOWS lies on this distribution: 72% of detached houses are smaller than THE WILLOWS, and 28% of houses are larger. Note that EPC data is not available for all properties in Welney.

THE WILLOWS: Plot and Title Map

THE WILLOWS sits on a plot of roughly 0.165 of an acre, or 667m². The below map shows the location of THE WILLOWS, 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 WILLOWS). 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 WILLOWS?

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