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 WHEATFIELDS CLOSE is a midsized extended detached house of 168m², built sometime between 1983 and 1990. It was last sold for £460,000 in January 2024, which was around 31% above the average January 2024 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 2 WHEATFIELDS CLOSE since 1st 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 WHEATFIELDS 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 |
---|---|---|---|
2024 24 JAN | £460,000 | £351,943 | 31% above HPI |
2011 2 NOV | £340,000 | £201,728 | 69% above HPI |
2004 9 JAN | £240,000 | £163,705 | 47% 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 three 2 WHEATFIELDS CLOSE sales between January 2004 and January 2024 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 November 2011 sale was for 69% above the HPI. So the extrapolation line tracks at 69% above the HPI over time, until the January 2024 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.
2 WHEATFIELDS CLOSE is 168m², which includes two extensions, according to the EPC inspection conducted in September 2022. This puts it in the smallest 50% of detached houses in Hillington, based on EPC data. The below chart shows the distribution of detached houses by size in Hillington, and where 2 WHEATFIELDS CLOSE lies on this distribution: 48% of detached houses are smaller than 2 WHEATFIELDS CLOSE, and 52% of houses are larger. Note that EPC data is not available for all properties in Hillington.
2 WHEATFIELDS CLOSE sits on a plot of roughly 0.279 of an acre, or 1,130m². The below map shows the location of 2 WHEATFIELDS 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 WHEATFIELDS 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.
2 WHEATFIELDS CLOSE is located in HILLINGTON, in the PE31 postcode district. The below map shows the position of No. 2 on WHEATFIELDS CLOSE.