16, CHESTNUT CLOSE, WATLINGTON, KING'S LYNN, PE33 0HX - £290,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

16 CHESTNUT CLOSE is a large extended detached house of 128m², built sometime between 1967 and 1975. It was last sold for £290,000 in April 2017, which was around 7% above the average April 2017 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was C.

16 CHESTNUT CLOSE Sold Prices

Land registry data shows two sales for 16 CHESTNUT 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 16 CHESTNUT CLOSE sales was for above the average price, whilst the other was 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
2017 3 APR	£290,000	£270,154	7% above HPI
1999 11 JUN	£75,000	£77,832	4% below HPI

16 CHESTNUT 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 16 CHESTNUT CLOSE sales from June 1999 and April 2017 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 1999 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the April 2017 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 16 CHESTNUT CLOSE?

16 CHESTNUT CLOSE is 128m², which includes three extensions, according to the EPC inspection conducted in October 2016. This puts it in the largest 30% of detached houses in Watlington, based on EPC data. The below chart shows the distribution of detached houses by size in Watlington, and where 16 CHESTNUT CLOSE lies on this distribution: 72% of detached houses are smaller than 16 CHESTNUT CLOSE, and 28% of houses are larger. Note that EPC data is not available for all properties in Watlington.

16 CHESTNUT CLOSE: Plot and Title Map

16 CHESTNUT CLOSE sits on a plot of roughly 0.151 of an acre, or 610m². The below map shows the location of 16 CHESTNUT 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 16 CHESTNUT 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 16 CHESTNUT CLOSE?

16 CHESTNUT CLOSE is located in WATLINGTON, in the PE33 postcode district. The below map shows the position of No. 16 on CHESTNUT CLOSE.