2, CRAEMAR CLOSE, SNETTISHAM, KING'S LYNN, PE31 7PP - £270,000

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

2 CRAEMAR CLOSE is a large extended detached house of 102m², built sometime between 1967 and 1975. It was last sold for £270,000 in February 2021, which was around 14% below the average February 2021 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was October 2014, where the current energy rating was E, and the potential energy rating was B.

2 CRAEMAR CLOSE Sold Prices

Land registry data shows two sales for 2 CRAEMAR 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 2 CRAEMAR 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 26 FEB	£270,000	£313,276	14% below HPI
2013 9 AUG	£200,000	£210,754	5% below HPI

2 CRAEMAR 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 2 CRAEMAR CLOSE sales from August 2013 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 August 2013 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the February 2021 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 2 CRAEMAR CLOSE?

2 CRAEMAR CLOSE is 102m², which includes one extension, according to the EPC inspection conducted in October 2014. This puts it in the largest 40% of detached houses in Snettisham, based on EPC data. The below chart shows the distribution of detached houses by size in Snettisham, and where 2 CRAEMAR CLOSE lies on this distribution: 60% of detached houses are smaller than 2 CRAEMAR CLOSE, and 38% of houses are larger. Note that EPC data is not available for all properties in Snettisham.

2 CRAEMAR CLOSE: Plot and Title Map

2 CRAEMAR CLOSE sits on a plot of roughly 0.087 of an acre, or 350m². The below map shows the location of 2 CRAEMAR 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 CRAEMAR 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 CRAEMAR CLOSE?

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