2, BABINGLEY CLOSE, WATLINGTON, KING'S LYNN, PE33 0TR - £115,000

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

2 BABINGLEY CLOSE is a small detached house of 92m², built sometime between 1991 and 1995. It was last sold for £115,000 in February 2002, which was around 6% below the average February 2002 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was March 2024, where the current energy rating was D, and the potential energy rating was B.

2 BABINGLEY CLOSE Sold Prices

Land registry data shows two sales for 2 BABINGLEY 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 2 BABINGLEY 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
2002 1 FEB	£115,000	£121,973	6% below HPI
1995 21 APR	£68,950	£61,372	12% above HPI

2 BABINGLEY 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 2 BABINGLEY CLOSE sales from April 1995 and February 2002 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 1995 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the February 2002 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 2 BABINGLEY CLOSE?

2 BABINGLEY CLOSE is 92m² according to the EPC inspection conducted in March 2024. This puts it in the smallest 40% of detached houses in Watlington, based on EPC data. The below chart shows the distribution of detached houses by size in Watlington, and where 2 BABINGLEY CLOSE lies on this distribution: 39% of detached houses are smaller than 2 BABINGLEY CLOSE, and 60% of houses are larger. Note that EPC data is not available for all properties in Watlington.

2 BABINGLEY CLOSE: Plot and Title Map

2 BABINGLEY CLOSE sits on a plot of roughly 0.093 of an acre, or 376m². The below map shows the location of 2 BABINGLEY 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 2 BABINGLEY 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 2 BABINGLEY CLOSE?

2 BABINGLEY CLOSE is located in WATLINGTON, in the PE33 postcode district. The below map shows the position of No. 2 on BABINGLEY CLOSE.