15, STEBBINGS CLOSE, GRIMSTON, KING'S LYNN, PE32 1DJ - £212,000

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.

15 STEBBINGS CLOSE is a small extended semi-detached house of 88m², built sometime between 1976 and 1982, which could now be worth an estimated £268,151. It was last sold for £212,000 in February 2019, which was around 10% above the average February 2019 semi-detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was October 2018, where the current energy rating was E, and the potential energy rating was C.

15 STEBBINGS CLOSE Sold Prices

Land registry data shows three sales for 15 STEBBINGS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the King's Lynn and West Norfolk local authority area for the corresponding sale date. All of the three 15 STEBBINGS CLOSE sales were for above 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
2019 22 FEB	£212,000	£193,272	10% above HPI
2005 7 NOV	£136,000	£132,584	3% above HPI
2001 15 OCT	£82,000	£71,585	15% above HPI

15 STEBBINGS 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 three 15 STEBBINGS CLOSE sales between October 2001 and February 2019 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 November 2005 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the February 2019 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 15 STEBBINGS CLOSE be worth now?

15 STEBBINGS CLOSE might now be worth an estimated £268,151.

This is based on house price inflation of 26.5%, between February 2019 and February 2025, 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 26.5% inflationary increase is applied to the most recent sale price for 15 STEBBINGS CLOSE of £212,000 on 22nd February 2019. For the value to have increased from £212,000 to £268,151 over the six years to February 2025, the following assumptions must hold true:

• The value of 15 STEBBINGS CLOSE has moved in line with the HPI for semi-detached houses in the King's Lynn and West Norfolk local authority area.
• The February 2019 sale price of £212,000 represented a fair market value for the property.
• The size, condition, and specification of 15 STEBBINGS CLOSE has not materially changed since February 2019.

How Large is 15 STEBBINGS CLOSE?

15 STEBBINGS CLOSE is 88m², which includes one extension, according to the EPC inspection conducted in October 2018. This puts it in the smallest 30% of semi-detached houses houses in Grimston, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Grimston, and where 15 STEBBINGS CLOSE lies on this distribution: 27% of semi-detached houses houses are smaller than 15 STEBBINGS CLOSE, and 73% of houses are larger. Note that EPC data is not available for all properties in Grimston.

15 STEBBINGS CLOSE: Plot and Title Map

15 STEBBINGS CLOSE sits on a plot of roughly 0.133 of an acre, or 539m². The below map shows the location of 15 STEBBINGS 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 STEBBINGS 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 STEBBINGS CLOSE?

15 STEBBINGS CLOSE is located in GRIMSTON, in the PE32 postcode district. The below map shows the position of No. 15 on STEBBINGS CLOSE.