1, WILLOWMEAD CLOSE, SNETTISHAM, KING'S LYNN, PE31 7GL - £225,000

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

1 WILLOWMEAD CLOSE is a small detached house of 79m², built sometime from 2007 onwards. It was last sold for £225,000 in July 2016, which was around 12% below the average July 2016 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was February 2019, where the current energy rating was C, and the potential energy rating was A.

1 WILLOWMEAD CLOSE Sold Prices

Land registry data shows two sales for 1 WILLOWMEAD CLOSE 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. One of the two 1 WILLOWMEAD CLOSE sales was for below the average price, whilst the other was 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
2016 15 JUL	£225,000	£255,076	12% below HPI
2009 24 JUN	£210,000	£192,155	9% above HPI

1 WILLOWMEAD CLOSE 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 1 WILLOWMEAD CLOSE sales from June 2009 and July 2016 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 June 2009 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the July 2016 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 1 WILLOWMEAD CLOSE?

1 WILLOWMEAD CLOSE is 79m² according to the EPC inspection conducted in February 2019. This puts it in the smallest 30% of detached houses in Snettisham, based on EPC data. The below chart shows the distribution of detached houses by size in Snettisham, and where 1 WILLOWMEAD CLOSE lies on this distribution: 26% of detached houses are smaller than 1 WILLOWMEAD CLOSE, and 73% of houses are larger. Note that EPC data is not available for all properties in Snettisham.

1 WILLOWMEAD CLOSE: Plot and Title Map

1 WILLOWMEAD CLOSE sits on a plot of roughly 0.103 of an acre, or 416m². The below map shows the location of 1 WILLOWMEAD CLOSE, 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 1 WILLOWMEAD CLOSE). 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 1 WILLOWMEAD CLOSE?

1 WILLOWMEAD CLOSE is located in SNETTISHAM, in the PE31 postcode district. The below map shows the position of No. 1 on WILLOWMEAD CLOSE.