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 THE MEADOWS is a very large detached house of 175m², built sometime between 1996 and 2002. It was last sold for £450,000 in October 2020, which was around 45% above the average October 2020 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 2 THE MEADOWS since 1st 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 THE MEADOWS 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 13 OCT | £450,000 | £311,406 | 45% above HPI |
2002 28 JUN | £249,950 | £125,990 | 98% above HPI |
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 THE MEADOWS sales from June 2002 and October 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 June 2002 sale was for 98% above the HPI. So the extrapolation line tracks at 98% above the HPI over time, until the October 2020 sale, where it falls to 45% above the HPI. The line then continues to track at 45% above the HPI.
2 THE MEADOWS is 175m² according to the EPC inspection conducted in January 2019. This puts it in the largest 10% 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 THE MEADOWS lies on this distribution: 90% of detached houses are smaller than 2 THE MEADOWS, and 10% of houses are larger. Note that EPC data is not available for all properties in Snettisham.
2 THE MEADOWS sits on a plot of roughly 0.471 of an acre, or 1,907m². The below map shows the location of 2 THE MEADOWS, 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 THE MEADOWS). 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.
2 THE MEADOWS is located in SNETTISHAM, in the PE31 postcode district. The below map shows the position of No. 2 on THE MEADOWS.