42, STONE CLOSE, WATLINGTON, KING'S LYNN, PE33 0TE - £229,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

42 STONE CLOSE is a large detached house of 125m², built sometime from 2007 onwards, which could now be worth an estimated £324,320. It was last sold for £229,000 in August 2016, which was around 13% below the average August 2016 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was April 2019, where the current energy rating was C, and the potential energy rating was B.

42 STONE CLOSE Sold Prices

Land registry data shows two sales for 42 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 42 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
2016 1 AUG	£229,000	£264,160	13% below HPI
2007 9 NOV	£249,206	£224,505	11% above HPI

42 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 42 STONE CLOSE sales from November 2007 and August 2016 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 November 2007 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the August 2016 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 42 STONE CLOSE be worth now?

42 STONE CLOSE might now be worth an estimated £324,320.

This is based on house price inflation of 41.6%, between August 2016 and December 2024, 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 41.6% inflationary increase is applied to the most recent sale price for 42 STONE CLOSE of £229,000 on 1st August 2016. For the value to have increased from £229,000 to £324,320 over the seven years and eight months to December 2024, the following assumptions must hold true:

• The value of 42 STONE CLOSE has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The August 2016 sale price of £229,000 represented a fair market value for the property.
• The size, condition, and specification of 42 STONE CLOSE has not materially changed since August 2016.

How Large is 42 STONE CLOSE?

42 STONE CLOSE is 125m² according to the EPC inspection conducted in April 2019. This puts it in the largest 40% of detached houses houses in Watlington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Watlington, and where 42 STONE CLOSE lies on this distribution: 69% of detached houses houses are smaller than 42 STONE CLOSE, and 31% of houses are larger. Note that EPC data is not available for all properties in Watlington.

42 STONE CLOSE: Plot and Title Map

42 STONE CLOSE sits on a plot of roughly 0.058 of an acre, or 234m². The below map shows the location of 42 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 42 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 42 STONE CLOSE?

42 STONE CLOSE is located in WATLINGTON, in the PE33 postcode district. The below map shows the position of No. 42 on STONE CLOSE.