2, IVY CLOSE, SETCHEY, KING'S LYNN, PE33 0BF - £274,000

2 IVY CLOSE is a midsized detached house of 139m², built sometime from 2007 onwards. It was last sold for £274,000 in September 2020, which was around 9% below the average September 2020 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was C.

2 IVY CLOSE Sold Prices

Land registry data shows two sales for 2 IVY 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 IVY 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
2020 25 SEP	£274,000	£302,504	9% below HPI
2014 18 JUL	£207,000	£223,815	8% below HPI

2 IVY 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 IVY CLOSE sales from July 2014 and September 2020 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 2014 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the September 2020 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 2 IVY CLOSE?

2 IVY CLOSE is 139m² according to the EPC inspection conducted in June 2019. This puts it in the smallest 50% of detached houses in Setchey, based on EPC data. The below chart shows the distribution of detached houses by size in Setchey, and where 2 IVY CLOSE lies on this distribution: 48% of detached houses are smaller than 2 IVY CLOSE, and 52% of houses are larger. Note that EPC data is not available for all properties in Setchey.

2 IVY CLOSE: Plot and Title Map

2 IVY CLOSE sits on a plot of roughly 0.107 of an acre, or 435m². The below map shows the location of 2 IVY 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 IVY 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 IVY CLOSE?

2 IVY CLOSE is located in SETCHEY, in the PE33 postcode district. The below map shows the position of No. 2 on IVY CLOSE.