9, WOODWARD CLOSE, SHOULDHAM, KING'S LYNN, PE33 0DE - £245,000

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

9 WOODWARD CLOSE is a very small extended detached house of 72m², built sometime between 1967 and 1975. It was last sold for £245,000 in September 2022, which was around 34% below the average September 2022 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was B.

9 WOODWARD CLOSE Sold Prices

Land registry data shows four sales for 9 WOODWARD 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 9 WOODWARD CLOSE sales were for below 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 9 SEP	£245,000	£373,483	34% below HPI
2008 30 APR	£178,000	£213,005	16% below HPI
2004 20 MAY	£143,500	£170,835	16% below HPI
2001 1 JUN	£76,500	£101,294	24% below HPI

9 WOODWARD 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 9 WOODWARD CLOSE sales between June 2001 and September 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 April 2008 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the September 2022 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 9 WOODWARD CLOSE?

9 WOODWARD CLOSE is 72m², which includes one extension, according to the EPC inspection conducted in September 2013. This puts it in the smallest 20% of detached houses in Shouldham, based on EPC data. The below chart shows the distribution of detached houses by size in Shouldham, and where 9 WOODWARD CLOSE lies on this distribution: 10% of detached houses are smaller than 9 WOODWARD CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Shouldham.

9 WOODWARD CLOSE: Plot and Title Map

9 WOODWARD CLOSE sits on a plot of roughly 0.120 of an acre, or 484m². The below map shows the location of 9 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 9 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 9 WOODWARD CLOSE?

9 WOODWARD CLOSE is located in SHOULDHAM, in the PE33 postcode district. The below map shows the position of No. 9 on WOODWARD CLOSE.