1, PINE CLOSE, SNETTISHAM, KING'S LYNN, PE31 7RT - £289,995

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 PINE CLOSE is a very small detached house of 69m², built sometime between 1983 and 1990. It was last sold for £289,995 in October 2021, which was around 12% below the average October 2021 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was B.

1 PINE CLOSE Sold Prices

Land registry data shows two sales for 1 PINE 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 1 PINE 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
2021 27 OCT	£289,995	£328,309	12% below HPI
2018 22 JAN	£185,000	£285,640	35% below HPI

1 PINE 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 1 PINE CLOSE sales from January 2018 and October 2021 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 January 2018 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the October 2021 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 1 PINE CLOSE?

1 PINE CLOSE is 69m² according to the EPC inspection conducted in July 2017. This puts it in the smallest 20% of detached houses in Snettisham, based on EPC data. The below chart shows the distribution of detached houses by size in Snettisham, and where 1 PINE CLOSE lies on this distribution: 10% of detached houses are smaller than 1 PINE CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Snettisham.

1 PINE CLOSE: Plot and Title Map

1 PINE CLOSE sits on a plot of roughly 0.091 of an acre, or 369m². The below map shows the location of 1 PINE 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 PINE 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 PINE CLOSE?

1 PINE CLOSE is located in SNETTISHAM, in the PE31 postcode district. The below map shows the position of No. 1 on PINE CLOSE.