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

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

5 GOWER CLOSE is a midsized detached house of 108m², built sometime between 2003 and 2006. It was last sold for £485,000 in May 2022, which was around 37% 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	£352,797	37% above HPI
2013 2 OCT	£310,000	£212,766	46% above HPI
2006 26 JUN	£292,500	£199,143	47% above HPI
2005 7 JAN	£270,000	£176,119	53% 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 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the May 2022 sale, where it falls to 37% above the HPI. The line then continues to track at 37% above the HPI.

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 40% of detached houses in Hunstanton, based on EPC data. The below chart shows the distribution of detached houses by size in Hunstanton, and where 5 GOWER CLOSE lies on this distribution: 60% of detached 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.