2, TRENT VC CLOSE, METHWOLD, THETFORD, IP26 4QE - £425,000

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 TRENT VC CLOSE is a small extended detached house of 118m², built sometime between 1996 and 2002, which could now be worth an estimated £396,714. It was last sold for £425,000 in December 2022, which was around 8% above the average December 2022 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was July 2016, where the current energy rating was E, and the potential energy rating was D.

2 TRENT VC CLOSE Sold Prices

Land registry data shows three sales for 2 TRENT VC 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 TRENT VC 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
2022 19 DEC	£425,000	£392,867	8% above HPI
2016 9 DEC	£295,000	£272,421	8% above HPI
1998 7 APR	£87,500	£71,057	23% above HPI

2 TRENT VC 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 TRENT VC CLOSE sales between April 1998 and December 2022 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 December 2016 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the December 2022 sale, which was also at 8% above the HPI.

What might 2 TRENT VC CLOSE be worth now?

2 TRENT VC CLOSE might now be worth an estimated £396,714.

This is based on house price deflation of 6.7%, between December 2022 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 6.7% deflationary decrease is applied to the most recent sale price for 2 TRENT VC CLOSE of £425,000 on 19th December 2022. For the value to have decreased from £425,000 to £396,714 over the three years and ten months to February 2025, the following assumptions must hold true:

• The value of 2 TRENT VC CLOSE has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The December 2022 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 2 TRENT VC CLOSE has not materially changed since December 2022.

How Large is 2 TRENT VC CLOSE?

2 TRENT VC CLOSE is 118m², which includes one extension, according to the EPC inspection conducted in July 2016. This puts it in the smallest 40% of detached houses houses in Methwold, based on EPC data. The below chart shows the distribution of detached houses houses by size in Methwold, and where 2 TRENT VC CLOSE lies on this distribution: 38% of detached houses houses are smaller than 2 TRENT VC CLOSE, and 59% of houses are larger. Note that EPC data is not available for all properties in Methwold.

2 TRENT VC CLOSE: Plot and Title Map

2 TRENT VC CLOSE sits on a plot of roughly 0.192 of an acre, or 777m². The below map shows the location of 2 TRENT VC 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 TRENT VC 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 TRENT VC CLOSE?

2 TRENT VC CLOSE is located in METHWOLD, in the IP26 postcode district. The below map shows the position of No. 2 on TRENT VC CLOSE.