15, BALMORAL CLOSE, DERSINGHAM, KING'S LYNN, PE31 6YG - £250,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

15 BALMORAL CLOSE is a very small detached house of 73m², built sometime between 1996 and 2002. It was last sold for £250,000 in May 2022, which was around 29% below the average May 2022 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was January 2022, where the current energy rating was E, and the potential energy rating was B.

15 BALMORAL CLOSE Sold Prices

Land registry data shows eight sales for 15 BALMORAL CLOSE since 1^st January 1995. The below table shows the price paid for the eight sales, along with the average detached price in the King's Lynn and West Norfolk local authority area for the corresponding sale date. All of the eight 15 BALMORAL 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
2022 27 MAY	£250,000	£352,797	29% below HPI
2010 22 MAR	£165,000	£210,631	22% below HPI
2006 20 JAN	£144,950	£193,177	25% below HPI
2005 26 AUG	£117,000	£199,929	41% below HPI
2003 23 MAY	£129,950	£148,022	12% below HPI
1999 17 MAY	£60,000	£76,163	21% below HPI
1998 24 JUL	£59,000	£74,553	21% below HPI
1995 10 AUG	£54,000	£58,857	8% below HPI

15 BALMORAL 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 eight 15 BALMORAL CLOSE sales between August 1995 and May 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 March 2010 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the May 2022 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 15 BALMORAL CLOSE?

15 BALMORAL CLOSE is 73m² according to the EPC inspection conducted in January 2022. This puts it in the smallest 20% of detached houses in Dersingham, based on EPC data. The below chart shows the distribution of detached houses by size in Dersingham, and where 15 BALMORAL CLOSE lies on this distribution: 16% of detached houses are smaller than 15 BALMORAL CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Dersingham.

15 BALMORAL CLOSE: Plot and Title Map

15 BALMORAL CLOSE sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of 15 BALMORAL 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 15 BALMORAL 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 15 BALMORAL CLOSE?

15 BALMORAL CLOSE is located in DERSINGHAM, in the PE31 postcode district. The below map shows the position of No. 15 on BALMORAL CLOSE.