32, BURE CLOSE, WATLINGTON, KING'S LYNN, PE33 0TN - £125,000

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.

32 BURE CLOSE is a very small extended semi-detached house of 74m², built sometime between 1991 and 1995, which could now be worth an estimated £220,923. It was last sold for £125,000 in July 2012, which was around 9% below the average July 2012 semi-detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was December 2022, where the current energy rating was C, and the potential energy rating was B.

32 BURE CLOSE Sold Prices

Land registry data shows four sales for 32 BURE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the King's Lynn and West Norfolk local authority area for the corresponding sale date. Most of the four 32 BURE 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
2012 2 JUL	£125,000	£137,741	9% below HPI
2006 18 APR	£120,000	£130,910	8% below HPI
2004 15 MAR	£104,000	£110,781	6% below HPI
2000 23 MAR	£55,000	£53,443	3% above HPI

32 BURE 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 four 32 BURE CLOSE sales between March 2000 and July 2012 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 2006 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the July 2012 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 32 BURE CLOSE be worth now?

32 BURE CLOSE might now be worth an estimated £220,923.

This is based on house price inflation of 76.7%, between July 2012 and March 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 76.7% inflationary increase is applied to the most recent sale price for 32 BURE CLOSE of £125,000 on 2nd July 2012. For the value to have increased from £125,000 to £220,923 over the fourteen years and four months to March 2026, the following assumptions must hold true:

• The value of 32 BURE CLOSE has moved in line with the HPI for semi-detached houses in the King's Lynn and West Norfolk local authority area.
• The July 2012 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 32 BURE CLOSE has not materially changed since July 2012.

How Large is 32 BURE CLOSE?

32 BURE CLOSE is 74m², which includes one extension, according to the EPC inspection conducted in December 2022. This puts it in the smallest 20% of semi-detached houses houses in Watlington, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Watlington, and where 32 BURE CLOSE lies on this distribution: 18% of semi-detached houses houses are smaller than 32 BURE CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Watlington.

32 BURE CLOSE: Plot and Title Map

32 BURE CLOSE sits on a plot of roughly 0.043 of an acre, or 175m². The below map shows the location of 32 BURE 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 32 BURE 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 32 BURE CLOSE?

32 BURE CLOSE is located in WATLINGTON, in the PE33 postcode district. The below map shows the position of No. 32 on BURE CLOSE.