WATERLEES, WALTON ROAD, WISBECH, PE14 7AF - £250,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

WATERLEES is a large extended detached house of 137m², built sometime between 1930 and 1949, which could now be worth an estimated £389,435. It was last sold for £250,000 in October 2014, which was around 6% above the average October 2014 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was December 2014, where the current energy rating was D, and the potential energy rating was A.

WATERLEES Sold Prices

Land registry data shows four sales for WATERLEES 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. two of the four WATERLEES sales were for above the average price, and four 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
2014 10 OCT	£250,000	£235,418	6% above HPI
2004 23 JAN	£235,000	£168,228	40% above HPI
2003 26 MAR	£145,000	£147,744	2% below HPI
1996 11 JUL	£40,000	£62,866	36% below HPI

WATERLEES 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 WATERLEES sales between July 1996 and October 2014 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 2004 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the October 2014 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might WATERLEES be worth now?

WATERLEES might now be worth an estimated £389,435.

This is based on house price inflation of 55.8%, between October 2014 and February 2025, 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 55.8% inflationary increase is applied to the most recent sale price for WATERLEES of £250,000 on 10th October 2014. For the value to have increased from £250,000 to £389,435 over the eleven years and eight months to February 2025, the following assumptions must hold true:

• The value of WATERLEES has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The October 2014 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of WATERLEES has not materially changed since October 2014.

How Large is WATERLEES?

WATERLEES is 137m², which includes one extension, according to the EPC inspection conducted in December 2014. This puts it in the largest 30% of detached houses houses in Wisbech, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wisbech, and where WATERLEES lies on this distribution: 79% of detached houses houses are smaller than WATERLEES, and 21% of houses are larger. Note that EPC data is not available for all properties in Wisbech.

WATERLEES: Plot and Title Map

WATERLEES sits on a plot of roughly 0.731 of an acre, or 2,960m². The below map shows the location of WATERLEES, 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 WATERLEES). 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 WATERLEES?

WATERLEES is located on WALTON ROAD in WISBECH, in the PE14 postcode district. The below map shows the position of WATERLEES on WALTON ROAD.