21, HOLME CLOSE, RUNCTON HOLME, KING'S LYNN, PE33 0AB - £265,000

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.

21 HOLME CLOSE is a small extended detached house of 86m², built sometime between 1967 and 1975, which could now be worth an estimated £299,458. It was last sold for £265,000 in May 2021, which was around 18% below the average May 2021 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was B.

21 HOLME CLOSE Sold Prices

Land registry data shows two sales for 21 HOLME 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. Both of the two 21 HOLME CLOSE sales were for below 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
2021 24 MAY	£265,000	£324,522	18% below HPI
2015 9 DEC	£185,000	£254,409	27% below HPI

21 HOLME 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 21 HOLME CLOSE sales from December 2015 and May 2021 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 2015 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the May 2021 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 21 HOLME CLOSE be worth now?

21 HOLME CLOSE might now be worth an estimated £299,458.

This is based on house price inflation of 13%, between May 2021 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 13% inflationary increase is applied to the most recent sale price for 21 HOLME CLOSE of £265,000 on 24th May 2021. For the value to have increased from £265,000 to £299,458 over the four years and three months to February 2025, the following assumptions must hold true:

• The value of 21 HOLME CLOSE has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The May 2021 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 21 HOLME CLOSE has not materially changed since May 2021.

How Large is 21 HOLME CLOSE?

21 HOLME CLOSE is 86m², which includes one extension, according to the EPC inspection conducted in August 2015. This puts it in the smallest 40% of detached houses houses in Runcton Holme, based on EPC data. The below chart shows the distribution of detached houses houses by size in Runcton Holme, and where 21 HOLME CLOSE lies on this distribution: 38% of detached houses houses are smaller than 21 HOLME CLOSE, and 60% of houses are larger. Note that EPC data is not available for all properties in Runcton Holme.

21 HOLME CLOSE: Plot and Title Map

21 HOLME CLOSE sits on a plot of roughly 0.124 of an acre, or 500m². The below map shows the location of 21 HOLME 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 21 HOLME 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 21 HOLME CLOSE?

21 HOLME CLOSE is located in RUNCTON HOLME, in the PE33 postcode district. The below map shows the position of No. 21 on HOLME CLOSE.