2, BOUGHEY CLOSE, BRANCASTER, KING'S LYNN, PE31 8AH - £525,000

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.

2 BOUGHEY CLOSE is a small extended detached house of 107m², built sometime between 1967 and 1975, which could now be worth an estimated £598,039. It was last sold for £525,000 in February 2021, which was around 63% above the average February 2021 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was February 2012, where the current energy rating was C, and the potential energy rating was C.

2 BOUGHEY CLOSE Sold Prices

Land registry data shows three sales for 2 BOUGHEY 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 2 BOUGHEY 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
2021 9 FEB	£525,000	£321,932	63% above HPI
2012 16 JUL	£320,000	£209,154	53% above HPI
2009 26 MAY	£185,000	£197,054	6% below HPI

2 BOUGHEY 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 2 BOUGHEY CLOSE sales between May 2009 and February 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 July 2012 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the February 2021 sale, where it rises to 63% above the HPI. The line then continues to track at 63% above the HPI.

What might 2 BOUGHEY CLOSE be worth now?

2 BOUGHEY CLOSE might now be worth an estimated £598,039.

This is based on house price inflation of 13.9%, between February 2021 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 13.9% inflationary increase is applied to the most recent sale price for 2 BOUGHEY CLOSE of £525,000 on 9th February 2021. For the value to have increased from £525,000 to £598,039 over the four years to February 2025, the following assumptions must hold true:

• The value of 2 BOUGHEY CLOSE has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The February 2021 sale price of £525,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BOUGHEY CLOSE has not materially changed since February 2021.

How Large is 2 BOUGHEY CLOSE?

2 BOUGHEY CLOSE is 107m², which includes one extension, according to the EPC inspection conducted in February 2012. This puts it in the smallest 40% of detached houses houses in Brancaster, based on EPC data. The below chart shows the distribution of detached houses houses by size in Brancaster, and where 2 BOUGHEY CLOSE lies on this distribution: 37% of detached houses houses are smaller than 2 BOUGHEY CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Brancaster.

2 BOUGHEY CLOSE: Plot and Title Map

2 BOUGHEY CLOSE sits on a plot of roughly 0.146 of an acre, or 591m². The below map shows the location of 2 BOUGHEY 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 2 BOUGHEY 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 2 BOUGHEY CLOSE?

2 BOUGHEY CLOSE is located in BRANCASTER, in the PE31 postcode district. The below map shows the position of No. 2 on BOUGHEY CLOSE.