1, QUEENS CLOSE, WEREHAM, KING'S LYNN, PE33 9AX - £325,000

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.

1 QUEENS CLOSE is a midsized extended semi-detached house of 141m², built sometime between 1950 and 1966, which could now be worth an estimated £303,944. It was last sold for £325,000 in December 2022, which was around 27% above the average December 2022 semi-detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was C.

1 QUEENS CLOSE Sold Prices

Land registry data shows two sales for 1 QUEENS 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. One of the two 1 QUEENS CLOSE sales was for above the average price, whilst the other was 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 2 DEC	£325,000	£256,374	27% above HPI
2004 9 JUL	£115,000	£125,010	8% below HPI

1 QUEENS 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 1 QUEENS CLOSE sales from July 2004 and December 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 July 2004 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the December 2022 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

What might 1 QUEENS CLOSE be worth now?

1 QUEENS CLOSE might now be worth an estimated £303,944.

This is based on house price deflation of 6.5%, between December 2022 and May 2026, 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 6.5% deflationary decrease is applied to the most recent sale price for 1 QUEENS CLOSE of £325,000 on 2nd December 2022. For the value to have decreased from £325,000 to £303,944 over the four years and seven months to May 2026, the following assumptions must hold true:

• The value of 1 QUEENS CLOSE has moved in line with the HPI for semi-detached houses in the King's Lynn and West Norfolk local authority area.
• The December 2022 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 1 QUEENS CLOSE has not materially changed since December 2022.

How Large is 1 QUEENS CLOSE?

1 QUEENS CLOSE is 141m², which includes one extension, according to the EPC inspection conducted in July 2022. This puts it in the smallest 50% of semi-detached houses houses in Wereham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Wereham, and where 1 QUEENS CLOSE lies on this distribution: 47% of semi-detached houses houses are smaller than 1 QUEENS CLOSE, and 53% of houses are larger. Note that EPC data is not available for all properties in Wereham.

1 QUEENS CLOSE: Plot and Title Map

1 QUEENS CLOSE sits on a plot of roughly 0.128 of an acre, or 517m². The below map shows the location of 1 QUEENS 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 1 QUEENS 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 1 QUEENS CLOSE?

1 QUEENS CLOSE is located in WEREHAM, in the PE33 postcode district. The below map shows the position of No. 1 on QUEENS CLOSE.