2, ORCHARD CLOSE, WATLINGTON, KING'S LYNN, PE33 0HN - £183,000

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.

2 ORCHARD CLOSE is a midsized extended detached house of 101m², built sometime between 1983 and 1990, which could now be worth an estimated £298,941. It was last sold for £183,000 in February 2014, which was around 18% below the average February 2014 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was November 2013, where the current energy rating was C, and the potential energy rating was B.

2 ORCHARD CLOSE Sold Prices

Land registry data shows two sales for 2 ORCHARD CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the King's Lynn and West Norfolk local authority area for the corresponding sale date. Both of the two 2 ORCHARD 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
2014 21 FEB	£183,000	£223,075	18% below HPI
2004 24 SEP	£133,000	£190,769	30% below HPI

2 ORCHARD 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 two 2 ORCHARD CLOSE sales from September 2004 and February 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 September 2004 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the February 2014 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 2 ORCHARD CLOSE be worth now?

2 ORCHARD CLOSE might now be worth an estimated £298,941.

This is based on house price inflation of 63.4%, between February 2014 and March 2026, 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 63.4% inflationary increase is applied to the most recent sale price for 2 ORCHARD CLOSE of £183,000 on 21st February 2014. For the value to have increased from £183,000 to £298,941 over the eleven years and eleven months to March 2026, the following assumptions must hold true:

• The value of 2 ORCHARD CLOSE has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The February 2014 sale price of £183,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ORCHARD CLOSE has not materially changed since February 2014.

How Large is 2 ORCHARD CLOSE?

2 ORCHARD CLOSE is 101m², which includes one extension, according to the EPC inspection conducted in November 2013. This puts it in the smallest 50% of detached houses houses in Watlington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Watlington, and where 2 ORCHARD CLOSE lies on this distribution: 48% of detached houses houses are smaller than 2 ORCHARD CLOSE, and 51% of houses are larger. Note that EPC data is not available for all properties in Watlington.

2 ORCHARD CLOSE: Plot and Title Map

2 ORCHARD CLOSE sits on a plot of roughly 0.136 of an acre, or 550m². The below map shows the location of 2 ORCHARD 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 2 ORCHARD 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 2 ORCHARD CLOSE?

2 ORCHARD CLOSE is located in WATLINGTON, in the PE33 postcode district. The below map shows the position of No. 2 on ORCHARD CLOSE.