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
22 SILVER TREE WAY is a large extended detached house of 141m², built sometime between 1991 and 1995. It was last sold for £350,000 in September 2021, which was around 10% above the average September 2021 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was July 2013, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows three sales for 22 SILVER TREE WAY since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the King's Lynn and West Norfolk local authority area for the corresponding sale date. All of the three 22 SILVER TREE WAY 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 |
---|---|---|---|
2021 28 SEP | £350,000 | £318,711 | 10% above HPI |
2017 23 JAN | £295,000 | £266,552 | 11% above HPI |
1997 28 NOV | £73,000 | £69,388 | 5% above HPI |
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 three 22 SILVER TREE WAY sales between November 1997 and September 2021 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 January 2017 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the September 2021 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.
22 SILVER TREE WAY is 141m², which includes three extensions, according to the EPC inspection conducted in July 2013. This puts it in the largest 30% of detached houses in West Winch, based on EPC data. The below chart shows the distribution of detached houses by size in West Winch, and where 22 SILVER TREE WAY lies on this distribution: 79% of detached houses are smaller than 22 SILVER TREE WAY, and 21% of houses are larger. Note that EPC data is not available for all properties in West Winch.
22 SILVER TREE WAY sits on a plot of roughly 0.097 of an acre, or 393m². The below map shows the location of 22 SILVER TREE WAY, 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 22 SILVER TREE WAY). 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.
22 SILVER TREE WAY is located in WEST WINCH, in the PE33 postcode district. The below map shows the position of No. 22 on SILVER TREE WAY.