3, SPRING COURT, WEREHAM, KING'S LYNN, PE33 9BQ - £330,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 SPRING COURT is a small detached house of 105m², which could now be worth an estimated £370,489. It was last sold for £330,000 in August 2021, which was around 1% above the average August 2021 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was December 2012, where the current energy rating was C, and the potential energy rating was C.

3 SPRING COURT Sold Prices

Land registry data shows three sales for 3 SPRING COURT since 1^st 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 3 SPRING COURT 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 25 AUG	£330,000	£326,643	1% above HPI
2018 16 OCT	£315,000	£306,211	3% above HPI
2012 11 SEP	£240,000	£204,684	17% above HPI

3 SPRING COURT 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 three 3 SPRING COURT sales between September 2012 and August 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 October 2018 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the August 2021 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 3 SPRING COURT be worth now?

3 SPRING COURT might now be worth an estimated £370,489.

This is based on house price inflation of 12.3%, between August 2021 and February 2025, for detached houses, in the King's Lynn and West Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 12.3% inflationary increase is applied to the most recent sale price for 3 SPRING COURT of £330,000 on 25th August 2021. For the value to have increased from £330,000 to £370,489 over the four years and six months to February 2025, the following assumptions must hold true:

• The value of 3 SPRING COURT has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The August 2021 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of 3 SPRING COURT has not materially changed since August 2021.

How Large is 3 SPRING COURT?

3 SPRING COURT is 105m² according to the EPC inspection conducted in December 2012. This puts it in the smallest 30% of detached houses houses in Wereham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wereham, and where 3 SPRING COURT lies on this distribution: 23% of detached houses houses are smaller than 3 SPRING COURT, and 76% of houses are larger. Note that EPC data is not available for all properties in Wereham.

3 SPRING COURT: Plot and Title Map

3 SPRING COURT sits on a plot of roughly 0.179 of an acre, or 723m². The below map shows the location of 3 SPRING COURT, 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 3 SPRING COURT). 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 3 SPRING COURT?

3 SPRING COURT is located in WEREHAM, in the PE33 postcode district. The below map shows the position of No. 3 on SPRING COURT.