2, LIME CLOSE, MARHAM, KING'S LYNN, PE33 9HN - £243,000

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 LIME CLOSE is a midsized extended detached house of 95m², built sometime between 1983 and 1990, which could now be worth an estimated £310,468. It was last sold for £243,000 in April 2018, which was around 15% below the average April 2018 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was March 2009, where the current energy rating was D, and the potential energy rating was D.

2 LIME CLOSE Sold Prices

Land registry data shows three sales for 2 LIME 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. All of the three 2 LIME 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
2018 12 APR	£243,000	£287,028	15% below HPI
2002 16 AUG	£124,000	£140,046	11% below HPI
2000 22 DEC	£91,000	£101,482	10% below HPI

2 LIME 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 LIME CLOSE sales between December 2000 and April 2018 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 2002 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the April 2018 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 2 LIME CLOSE be worth now?

2 LIME CLOSE might now be worth an estimated £310,468.

This is based on house price inflation of 27.8%, between April 2018 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 27.8% inflationary increase is applied to the most recent sale price for 2 LIME CLOSE of £243,000 on 12th April 2018. For the value to have increased from £243,000 to £310,468 over the seven years and two months to February 2025, the following assumptions must hold true:

• The value of 2 LIME CLOSE has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The April 2018 sale price of £243,000 represented a fair market value for the property.
• The size, condition, and specification of 2 LIME CLOSE has not materially changed since April 2018.

How Large is 2 LIME CLOSE?

2 LIME CLOSE is 95m², which includes one extension, according to the EPC inspection conducted in March 2009. This puts it in the smallest 50% of detached houses houses in Marham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Marham, and where 2 LIME CLOSE lies on this distribution: 42% of detached houses houses are smaller than 2 LIME CLOSE, and 58% of houses are larger. Note that EPC data is not available for all properties in Marham.

2 LIME CLOSE: Plot and Title Map

2 LIME CLOSE sits on a plot of roughly 0.092 of an acre, or 374m². The below map shows the location of 2 LIME 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 LIME 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 LIME CLOSE?

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