16, SILVER TREE WAY, WEST WINCH, KING'S LYNN, PE33 0PX - £245,000

16 SILVER TREE WAY is a small detached house of 97m², built sometime between 1983 and 1990. It was last sold for £245,000 in July 2014, which was around 9% above the average July 2014 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was August 2010, where the current energy rating was D, and the potential energy rating was C.

16 SILVER TREE WAY Sold Prices

Land registry data shows four sales for 16 SILVER TREE WAY 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. two of the four 16 SILVER TREE WAY sales were for above the average price, and four 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
2014 29 JUL	£245,000	£223,815	9% above HPI
2012 4 MAY	£170,000	£199,075	15% below HPI
2002 20 SEP	£132,000	£140,185	6% below HPI
2001 2 MAR	£100,000	£98,070	2% above HPI

16 SILVER TREE WAY 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 16 SILVER TREE WAY sales between March 2001 and July 2014 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 May 2012 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the July 2014 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 16 SILVER TREE WAY?

16 SILVER TREE WAY is 97m² according to the EPC inspection conducted in August 2010. This puts it in the smallest 30% of detached houses in West Winch, based on EPC data. The below chart shows the distribution of detached houses by size in West Winch, and where 16 SILVER TREE WAY lies on this distribution: 28% of detached houses are smaller than 16 SILVER TREE WAY, and 72% of houses are larger. Note that EPC data is not available for all properties in West Winch.

16 SILVER TREE WAY: Plot and Title Map

16 SILVER TREE WAY sits on a plot of roughly 0.105 of an acre, or 425m². The below map shows the location of 16 SILVER TREE WAY, 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 16 SILVER TREE WAY). 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 16 SILVER TREE WAY?

16 SILVER TREE WAY is located in WEST WINCH, in the PE33 postcode district. The below map shows the position of No. 16 on SILVER TREE WAY.