NEWFIELDS, CHURCH ROAD, WISBECH, PE13 3RB - £527,000

NEWFIELDS is a very large extended detached house of 315m², built sometime between 1983 and 1990. It was last sold for £527,000 in August 2022, which was around 42% above the average August 2022 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was C.

NEWFIELDS Sold Prices

Land registry data shows two sales for NEWFIELDS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the King's Lynn and West Norfolk local authority area for the corresponding sale date. Both of the two NEWFIELDS sales were for above 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
2022 19 AUG	£527,000	£370,267	42% above HPI
1997 28 APR	£122,500	£68,384	79% above HPI

NEWFIELDS 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 two NEWFIELDS sales from April 1997 and August 2022 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 April 1997 sale was for 79% above the HPI. So the extrapolation line tracks at 79% above the HPI over time, until the August 2022 sale, where it falls to 42% above the HPI. The line then continues to track at 42% above the HPI.

How Large is NEWFIELDS?

NEWFIELDS is 315m², which includes two extensions, according to the EPC inspection conducted in March 2022. This puts it in the largest 10% of detached houses in Wisbech, based on EPC data. The below chart shows the distribution of detached houses by size in Wisbech, and where NEWFIELDS lies on this distribution: 99% of detached houses are smaller than NEWFIELDS, and 1% of houses are larger. Note that EPC data is not available for all properties in Wisbech.

NEWFIELDS: Plot and Title Map

NEWFIELDS sits on a plot of roughly 0.491 of an acre, or 1,988m². The below map shows the location of NEWFIELDS, 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 NEWFIELDS). 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 NEWFIELDS?

NEWFIELDS is located on CHURCH ROAD in WISBECH, in the PE13 postcode district. The below map shows the position of NEWFIELDS on CHURCH ROAD.