2, MARGARETS CLOSE, HUNSTANTON, PE36 5NN - £235,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 MARGARETS CLOSE is a large detached house of 125m², built sometime between 1983 and 1990. It was last sold for £235,000 in July 2010, which was around 11% above the average July 2010 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was February 2010, where the current energy rating was D, and the potential energy rating was C.

2 MARGARETS CLOSE Sold Prices

Land registry data shows two sales for 2 MARGARETS 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 MARGARETS 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
2010 16 JUL	£235,000	£211,553	11% above HPI
2009 12 FEB	£205,000	£185,138	11% above HPI

2 MARGARETS 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 MARGARETS CLOSE sales from February 2009 and July 2010 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 February 2009 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the July 2010 sale, which was also at 11% above the HPI.

How Large is 2 MARGARETS CLOSE?

2 MARGARETS CLOSE is 125m² according to the EPC inspection conducted in February 2010. This puts it in the largest 30% of detached houses in Hunstanton, based on EPC data. The below chart shows the distribution of detached houses by size in Hunstanton, and where 2 MARGARETS CLOSE lies on this distribution: 75% of detached houses are smaller than 2 MARGARETS CLOSE, and 25% of houses are larger. Note that EPC data is not available for all properties in Hunstanton.

2 MARGARETS CLOSE: Plot and Title Map

2 MARGARETS CLOSE sits on a plot of roughly 0.137 of an acre, or 555m². The below map shows the location of 2 MARGARETS 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 MARGARETS 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 MARGARETS CLOSE?

2 MARGARETS CLOSE is located in HUNSTANTON, in the PE36 postcode district. The below map shows the position of No. 2 on MARGARETS CLOSE.