THE OLD SCHOOL, FIELD LANE, WRETTON, KING'S LYNN, PE33 9QT - £379,000

THE OLD SCHOOL is a very large extended detached house of 201m², built sometime between 1983 and 1990. It was last sold for £379,000 in June 2004, which was around 114% above the average June 2004 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was April 2010, where the current energy rating was E, and the potential energy rating was D.

THE OLD SCHOOL Sold Prices

Land registry data shows two sales for THE OLD SCHOOL 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 THE OLD SCHOOL 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
2004 30 JUN	£379,000	£177,217	114% above HPI
1996 6 DEC	£110,000	£62,351	76% above HPI

THE OLD SCHOOL 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 THE OLD SCHOOL sales from December 1996 and June 2004 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 December 1996 sale was for 76% above the HPI. So the extrapolation line tracks at 76% above the HPI over time, until the June 2004 sale, where it rises to 114% above the HPI. The line then continues to track at 114% above the HPI.

How Large is THE OLD SCHOOL?

THE OLD SCHOOL is 201m², which includes one extension, according to the EPC inspection conducted in April 2010. This puts it in the largest 20% of detached houses in Wretton, based on EPC data. The below chart shows the distribution of detached houses by size in Wretton, and where THE OLD SCHOOL lies on this distribution: 88% of detached houses are smaller than THE OLD SCHOOL, and 12% of houses are larger. Note that EPC data is not available for all properties in Wretton.

THE OLD SCHOOL: Plot and Title Map

THE OLD SCHOOL sits on a plot of roughly 0.616 of an acre, or 2,493m². The below map shows the location of THE OLD SCHOOL, 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 THE OLD SCHOOL). 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 THE OLD SCHOOL?

THE OLD SCHOOL is located on FIELD LANE in WRETTON, in the PE33 postcode district. The below map shows the position of THE OLD SCHOOL on FIELD LANE.