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

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.

9 WOODWARD CLOSE is a very small extended detached house of 72m², built sometime between 1967 and 1975, which could now be worth an estimated £234,095. It was last sold for £245,000 in September 2022, which was around 36% 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	£383,803	36% below HPI
2008 30 APR	£178,000	£218,890	19% below HPI
2004 20 MAY	£143,500	£175,555	18% below HPI
2001 1 JUN	£76,500	£104,093	27% 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 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the September 2022 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 9 WOODWARD CLOSE be worth now?

9 WOODWARD CLOSE might now be worth an estimated £234,095.

This is based on house price deflation of 4.5%, between September 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 4.5% deflationary decrease is applied to the most recent sale price for 9 WOODWARD CLOSE of £245,000 on 9th September 2022. For the value to have decreased from £245,000 to £234,095 over the three years and seven months to February 2025, the following assumptions must hold true:

• The value of 9 WOODWARD CLOSE has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The September 2022 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 9 WOODWARD CLOSE has not materially changed since September 2022.

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 houses in Shouldham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shouldham, and where 9 WOODWARD CLOSE lies on this distribution: 10% of detached houses 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.