WATERWORKS HOUSE, THE STREET, MARHAM, KING'S LYNN, PE33 9JN - £300,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

WATERWORKS HOUSE is a large extended detached house of 135m², built sometime from 2007 onwards. It was last sold for £300,000 in October 2020, which was around 4% below the average October 2020 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was February 2018, where the current energy rating was C, and the potential energy rating was B.

WATERWORKS HOUSE Sold Prices

Land registry data shows four sales for WATERWORKS HOUSE 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 WATERWORKS HOUSE 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
2020 19 OCT	£300,000	£311,406	4% below HPI
2018 21 SEP	£290,000	£298,456	3% below HPI
2015 2 OCT	£217,000	£246,108	12% below HPI
2012 27 JAN	£205,000	£206,552	1% below HPI

WATERWORKS HOUSE 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 WATERWORKS HOUSE sales between January 2012 and October 2020 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 September 2018 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the October 2020 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is WATERWORKS HOUSE?

WATERWORKS HOUSE is 135m², which includes one extension, according to the EPC inspection conducted in February 2018. This puts it in the largest 30% of detached houses in Marham, based on EPC data. The below chart shows the distribution of detached houses by size in Marham, and where WATERWORKS HOUSE lies on this distribution: 73% of detached houses are smaller than WATERWORKS HOUSE, and 27% of houses are larger. Note that EPC data is not available for all properties in Marham.

WATERWORKS HOUSE: Plot and Title Map

WATERWORKS HOUSE sits on a plot of roughly 0.116 of an acre, or 468m². The below map shows the location of WATERWORKS HOUSE, 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 WATERWORKS HOUSE). 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 WATERWORKS HOUSE?

WATERWORKS HOUSE is located on THE STREET in MARHAM, in the PE33 postcode district. The below map shows the position of WATERWORKS HOUSE on THE STREET.