20, MARGARETS CLOSE, HUNSTANTON, PE36 5NN - £225,000

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

20 MARGARETS CLOSE is a very small detached house of 72m², built sometime between 1983 and 1990. It was last sold for £225,000 in January 2018, which was around 21% below the average January 2018 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was August 2017, where the current energy rating was C, and the potential energy rating was B.

20 MARGARETS CLOSE Sold Prices

Land registry data shows two sales for 20 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. One of the two 20 MARGARETS CLOSE sales was for below the average price, whilst the other was 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
2018 26 JAN	£225,000	£285,640	21% below HPI
1999 2 JUL	£89,950	£81,504	10% above HPI

20 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 20 MARGARETS CLOSE sales from July 1999 and January 2018 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 July 1999 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the January 2018 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 20 MARGARETS CLOSE?

20 MARGARETS CLOSE is 72m² according to the EPC inspection conducted in August 2017. This puts it in the smallest 20% of detached houses in Hunstanton, based on EPC data. The below chart shows the distribution of detached houses by size in Hunstanton, and where 20 MARGARETS CLOSE lies on this distribution: 16% of detached houses are smaller than 20 MARGARETS CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Hunstanton.

20 MARGARETS CLOSE: Plot and Title Map

20 MARGARETS CLOSE sits on a plot of roughly 0.086 of an acre, or 349m². The below map shows the location of 20 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 20 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 20 MARGARETS CLOSE?

20 MARGARETS CLOSE is located in HUNSTANTON, in the PE36 postcode district. The below map shows the position of No. 20 on MARGARETS CLOSE.