2, SPRING VIEW, SNETTISHAM, KING'S LYNN, PE31 7RR - £375,000

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 SPRING VIEW is a large detached house of 114m², built sometime between 2003 and 2006. It was last sold for £375,000 in February 2020, which was around 29% above the average February 2020 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was C.

2 SPRING VIEW Sold Prices

Land registry data shows five sales for 2 SPRING VIEW since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the King's Lynn and West Norfolk local authority area for the corresponding sale date. Most of the five 2 SPRING VIEW 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
2020 7 FEB	£375,000	£290,310	29% above HPI
2016 18 MAY	£399,950	£252,970	58% above HPI
2005 21 SEP	£275,000	£195,935	40% above HPI
2004 7 OCT	£248,000	£186,646	33% above HPI
2003 3 MAR	£80,000	£143,771	44% below HPI

2 SPRING VIEW 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 five 2 SPRING VIEW sales between March 2003 and February 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 May 2016 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the February 2020 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is 2 SPRING VIEW?

2 SPRING VIEW is 114m² according to the EPC inspection conducted in March 2015. This puts it in the largest 30% 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 SPRING VIEW lies on this distribution: 71% of detached houses are smaller than 2 SPRING VIEW, and 29% of houses are larger. Note that EPC data is not available for all properties in Snettisham.

2 SPRING VIEW: Plot and Title Map

2 SPRING VIEW sits on a plot of roughly 0.177 of an acre, or 718m². The below map shows the location of 2 SPRING VIEW, 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 SPRING VIEW). 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 SPRING VIEW?

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