22, MARGARETS CLOSE, HUNSTANTON, PE36 5NN - £325,000

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

22 MARGARETS CLOSE is a large extended detached house of 110m², built sometime between 1983 and 1990. It was last sold for £325,000 in January 2020, which was around 11% above the average January 2020 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was August 2019, where the current energy rating was E, and the potential energy rating was C.

22 MARGARETS CLOSE Sold Prices

Land registry data shows three sales for 22 MARGARETS 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. One of the three 22 MARGARETS CLOSE sales was for above the average price, whilst two 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
2020 10 JAN	£325,000	£292,223	11% above HPI
2014 30 MAY	£167,000	£218,019	23% below HPI
2013 19 DEC	£170,000	£213,297	20% below HPI

22 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 three 22 MARGARETS CLOSE sales between December 2013 and January 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 May 2014 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the January 2020 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 22 MARGARETS CLOSE?

22 MARGARETS CLOSE is 110m², which includes one extension, according to the EPC inspection conducted in August 2019. This puts it in the largest 40% of detached houses in Hunstanton, based on EPC data. The below chart shows the distribution of detached houses by size in Hunstanton, and where 22 MARGARETS CLOSE lies on this distribution: 61% of detached houses are smaller than 22 MARGARETS CLOSE, and 38% of houses are larger. Note that EPC data is not available for all properties in Hunstanton.

22 MARGARETS CLOSE: Plot and Title Map

22 MARGARETS CLOSE sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of 22 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 22 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 22 MARGARETS CLOSE?

22 MARGARETS CLOSE is located in HUNSTANTON, in the PE36 postcode district. The below map shows the position of No. 22 on MARGARETS CLOSE.