5, WOODWARD CLOSE, WATLINGTON, KING'S LYNN, PE33 0FL - £237,000

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 WOODWARD CLOSE is a midsized extended semi-detached house of 106m², built sometime from 2007 onwards, which could now be worth an estimated £278,260. It was last sold for £237,000 in January 2021, which was around 14% above the average January 2021 semi-detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

5 WOODWARD CLOSE Sold Prices

Land registry data shows two sales for 5 WOODWARD CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the King's Lynn and West Norfolk local authority area for the corresponding sale date. Both of the two 5 WOODWARD 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
2021 7 JAN	£237,000	£208,214	14% above HPI
2010 1 JUL	£165,000	£143,464	15% above HPI

5 WOODWARD CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the King's Lynn and West Norfolk local authority area over time, sourced from the HPI. The two 5 WOODWARD CLOSE sales from July 2010 and January 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 July 2010 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the January 2021 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 5 WOODWARD CLOSE be worth now?

5 WOODWARD CLOSE might now be worth an estimated £278,260.

This is based on house price inflation of 17.4%, between January 2021 and February 2025, for semi-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 17.4% inflationary increase is applied to the most recent sale price for 5 WOODWARD CLOSE of £237,000 on 7th January 2021. For the value to have increased from £237,000 to £278,260 over the three years and eleven months to February 2025, the following assumptions must hold true:

• The value of 5 WOODWARD CLOSE has moved in line with the HPI for semi-detached houses in the King's Lynn and West Norfolk local authority area.
• The January 2021 sale price of £237,000 represented a fair market value for the property.
• The size, condition, and specification of 5 WOODWARD CLOSE has not materially changed since January 2021.

How Large is 5 WOODWARD CLOSE?

5 WOODWARD CLOSE is 106m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the largest 50% of semi-detached houses houses in Watlington, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Watlington, and where 5 WOODWARD CLOSE lies on this distribution: 50% of semi-detached houses houses are smaller than 5 WOODWARD CLOSE, and 49% of houses are larger. Note that EPC data is not available for all properties in Watlington.

5 WOODWARD CLOSE: Plot and Title Map

5 WOODWARD CLOSE sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 5 WOODWARD 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 WOODWARD 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 WOODWARD CLOSE?

5 WOODWARD CLOSE is located in WATLINGTON, in the PE33 postcode district. The below map shows the position of No. 5 on WOODWARD CLOSE.