5, GOWER CLOSE, HUNSTANTON, PE36 5PP - £485,000

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.

5 GOWER CLOSE is a midsized detached house of 108m², built sometime between 2003 and 2006, which could now be worth an estimated £490,584. It was last sold for £485,000 in May 2022, which was around 34% above the average May 2022 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was February 2013, where the current energy rating was C, and the potential energy rating was B.

5 GOWER CLOSE Sold Prices

Land registry data shows four sales for 5 GOWER CLOSE since 1^st January 1995. The below table shows the price paid for the four 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 four 5 GOWER CLOSE 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
2022 27 MAY	£485,000	£362,546	34% above HPI
2013 2 OCT	£310,000	£218,645	42% above HPI
2006 26 JUN	£292,500	£204,645	43% above HPI
2005 7 JAN	£270,000	£180,986	49% above HPI

5 GOWER 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 four 5 GOWER CLOSE sales between January 2005 and May 2022 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 2013 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the May 2022 sale, where it falls to 34% above the HPI. The line then continues to track at 34% above the HPI.

What might 5 GOWER CLOSE be worth now?

5 GOWER CLOSE might now be worth an estimated £490,584.

This is based on house price inflation of 1.2%, between May 2022 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 1.2% inflationary increase is applied to the most recent sale price for 5 GOWER CLOSE of £485,000 on 27th May 2022. For the value to have increased from £485,000 to £490,584 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of 5 GOWER CLOSE has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The May 2022 sale price of £485,000 represented a fair market value for the property.
• The size, condition, and specification of 5 GOWER CLOSE has not materially changed since May 2022.

How Large is 5 GOWER CLOSE?

5 GOWER CLOSE is 108m² according to the EPC inspection conducted in February 2013. This puts it in the largest 50% of detached houses houses in Hunstanton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hunstanton, and where 5 GOWER CLOSE lies on this distribution: 59% of detached houses houses are smaller than 5 GOWER CLOSE, and 40% of houses are larger. Note that EPC data is not available for all properties in Hunstanton.

5 GOWER CLOSE: Plot and Title Map

5 GOWER CLOSE sits on a plot of roughly 0.139 of an acre, or 564m². The below map shows the location of 5 GOWER 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 5 GOWER 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 5 GOWER CLOSE?

5 GOWER CLOSE is located in HUNSTANTON, in the PE36 postcode district. The below map shows the position of No. 5 on GOWER CLOSE.