WELCROFT, TAYMOR PLACE, WELNEY, WISBECH, PE14 9RD - £143,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

WELCROFT is a small extended detached house of 82m², built sometime between 1967 and 1975, which could now be worth an estimated £256,204. It was last sold for £143,000 in June 2012, which was around 32% below the average June 2012 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was October 2008, where the current energy rating was E, and the potential energy rating was D.

WELCROFT Sold Prices

Land registry data shows four sales for WELCROFT 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 WELCROFT 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
2012 18 JUN	£143,000	£208,812	32% below HPI
2009 27 FEB	£118,500	£190,254	38% below HPI
2004 25 FEB	£127,500	£173,240	26% below HPI
1997 3 DEC	£44,000	£72,286	39% below HPI

WELCROFT 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 WELCROFT sales between December 1997 and June 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 February 2009 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the June 2012 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might WELCROFT be worth now?

WELCROFT might now be worth an estimated £256,204.

This is based on house price inflation of 79.2%, between June 2012 and December 2024, 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 79.2% inflationary increase is applied to the most recent sale price for WELCROFT of £143,000 on 18th June 2012. For the value to have increased from £143,000 to £256,204 over the eleven years and six months to December 2024, the following assumptions must hold true:

• The value of WELCROFT has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The June 2012 sale price of £143,000 represented a fair market value for the property.
• The size, condition, and specification of WELCROFT has not materially changed since June 2012.

How Large is WELCROFT?

WELCROFT is 82m², which includes one extension, according to the EPC inspection conducted in October 2008. This puts it in the smallest 30% of detached houses houses in Welney, based on EPC data. The below chart shows the distribution of detached houses houses by size in Welney, and where WELCROFT lies on this distribution: 26% of detached houses houses are smaller than WELCROFT, and 74% of houses are larger. Note that EPC data is not available for all properties in Welney.

WELCROFT: Plot and Title Map

WELCROFT sits on a plot of roughly 0.129 of an acre, or 524m². The below map shows the location of WELCROFT, 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 WELCROFT). 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 WELCROFT?

WELCROFT is located on TAYMOR PLACE in WELNEY, in the PE14 postcode district. The below map shows the position of WELCROFT on TAYMOR PLACE.