28, COMMON CLOSE, WEST WINCH, KING'S LYNN, PE33 0LB - £239,000

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

28 COMMON CLOSE is a very small detached house of 74m², built sometime between 1950 and 1966. It was last sold for £239,000 in October 2023, which was around 35% below the average October 2023 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was B.

28 COMMON CLOSE Sold Prices

Land registry data shows two sales for 28 COMMON 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. Both of the two 28 COMMON CLOSE sales were 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
2023 6 OCT	£239,000	£369,606	35% below HPI
2016 6 DEC	£186,000	£265,095	30% below HPI

28 COMMON 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 28 COMMON CLOSE sales from December 2016 and October 2023 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 2016 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the October 2023 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 28 COMMON CLOSE?

28 COMMON CLOSE is 74m² according to the EPC inspection conducted in August 2016. This puts it in the smallest 10% 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 28 COMMON CLOSE lies on this distribution: 7% of detached houses are smaller than 28 COMMON CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in West Winch.

28 COMMON CLOSE: Plot and Title Map

28 COMMON CLOSE sits on a plot of roughly 0.143 of an acre, or 578m². The below map shows the location of 28 COMMON 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 28 COMMON 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 28 COMMON CLOSE?

28 COMMON CLOSE is located in WEST WINCH, in the PE33 postcode district. The below map shows the position of No. 28 on COMMON CLOSE.