7, THE RUSSETS, UPWELL, WISBECH, PE14 9AQ - £142,000

7 THE RUSSETS is a small detached house of 88m², built sometime between 1983 and 1990. It was last sold for £142,000 in December 2015, which was around 43% below the average December 2015 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was November 2009, where the current energy rating was E, and the potential energy rating was D.

7 THE RUSSETS Sold Prices

Land registry data shows five sales for 7 THE RUSSETS 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. All of the five 7 THE RUSSETS 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
2015 4 DEC	£142,000	£247,568	43% below HPI
2012 14 NOV	£124,999	£202,161	38% below HPI
2004 28 MAY	£129,000	£170,835	24% below HPI
2002 18 JAN	£84,500	£120,411	30% below HPI
1999 17 DEC	£55,000	£85,017	35% below HPI

7 THE RUSSETS 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 7 THE RUSSETS sales between December 1999 and December 2015 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 November 2012 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the December 2015 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 7 THE RUSSETS?

7 THE RUSSETS is 88m² according to the EPC inspection conducted in November 2009. This puts it in the smallest 30% of detached houses in Upwell, based on EPC data. The below chart shows the distribution of detached houses by size in Upwell, and where 7 THE RUSSETS lies on this distribution: 23% of detached houses are smaller than 7 THE RUSSETS, and 78% of houses are larger. Note that EPC data is not available for all properties in Upwell.

7 THE RUSSETS: Plot and Title Map

7 THE RUSSETS sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of 7 THE RUSSETS, 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 7 THE RUSSETS). 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 7 THE RUSSETS?

7 THE RUSSETS is located in UPWELL, in the PE14 postcode district. The below map shows the position of No. 7 on THE RUSSETS.