38, STONE CLOSE, WATLINGTON, KING'S LYNN, PE33 0TE - £180,000

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

38 STONE CLOSE is a very large detached house of 150m², built sometime from 2007 onwards. It was last sold for £180,000 in May 2013, which was around 12% below the average May 2013 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was January 2012, where the current energy rating was C, and the potential energy rating was C.

38 STONE CLOSE Sold Prices

Land registry data shows two sales for 38 STONE 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 38 STONE 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
2013 10 MAY	£180,000	£205,091	12% below HPI
2008 22 FEB	£244,995	£220,824	11% above HPI

38 STONE 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 38 STONE CLOSE sales from February 2008 and May 2013 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 February 2008 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the May 2013 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 38 STONE CLOSE?

38 STONE CLOSE is 150m² according to the EPC inspection conducted in January 2012. This puts it in the largest 20% of detached houses in Watlington, based on EPC data. The below chart shows the distribution of detached houses by size in Watlington, and where 38 STONE CLOSE lies on this distribution: 85% of detached houses are smaller than 38 STONE CLOSE, and 15% of houses are larger. Note that EPC data is not available for all properties in Watlington.

38 STONE CLOSE: Plot and Title Map

38 STONE CLOSE sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 38 STONE 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 38 STONE 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 38 STONE CLOSE?

38 STONE CLOSE is located in WATLINGTON, in the PE33 postcode district. The below map shows the position of No. 38 on STONE CLOSE.