1, HOLME CLOSE, RUNCTON HOLME, KING'S LYNN, PE33 0AB - £390,000

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 HOLME CLOSE is a very large extended detached house of 130m², built sometime between 1967 and 1975, which could now be worth an estimated £404,020. It was last sold for £390,000 in March 2022, which was around 10% above the average March 2022 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was C.

1 HOLME CLOSE Sold Prices

Land registry data shows three sales for 1 HOLME CLOSE since 1^st January 1995. The below table shows the price paid for the three 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 three 1 HOLME CLOSE sales were for above the average price, whilst one 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 14 MAR	£390,000	£353,994	10% above HPI
2003 19 SEP	£166,500	£169,691	2% below HPI
1998 6 MAY	£86,950	£73,732	18% above HPI

1 HOLME 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 three 1 HOLME CLOSE sales between May 1998 and March 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 September 2003 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the March 2022 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 1 HOLME CLOSE be worth now?

1 HOLME CLOSE might now be worth an estimated £404,020.

This is based on house price inflation of 3.6%, between March 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 3.6% inflationary increase is applied to the most recent sale price for 1 HOLME CLOSE of £390,000 on 14th March 2022. For the value to have increased from £390,000 to £404,020 over the three years and one month to February 2025, the following assumptions must hold true:

• The value of 1 HOLME CLOSE has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The March 2022 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of 1 HOLME CLOSE has not materially changed since March 2022.

How Large is 1 HOLME CLOSE?

1 HOLME CLOSE is 130m², which includes one extension, according to the EPC inspection conducted in October 2021. This puts it in the largest 20% of detached houses houses in Runcton Holme, based on EPC data. The below chart shows the distribution of detached houses houses by size in Runcton Holme, and where 1 HOLME CLOSE lies on this distribution: 80% of detached houses houses are smaller than 1 HOLME CLOSE, and 20% of houses are larger. Note that EPC data is not available for all properties in Runcton Holme.

1 HOLME CLOSE: Plot and Title Map

1 HOLME CLOSE sits on a plot of roughly 0.178 of an acre, or 720m². The below map shows the location of 1 HOLME 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 HOLME 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 HOLME CLOSE?

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