25, RACEYS CLOSE, EMNETH, WISBECH, PE14 8BT - £156,000

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.

25 RACEYS CLOSE is a midsized detached house of 101m², built sometime between 1996 and 2002, which could now be worth an estimated £275,966. It was last sold for £156,000 in November 2011, which was around 25% below the average November 2011 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was D.

25 RACEYS CLOSE Sold Prices

Land registry data shows three sales for 25 RACEYS 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 25 RACEYS 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
2011 30 NOV	£156,000	£207,302	25% below HPI
2006 14 NOV	£165,000	£215,332	23% below HPI
2001 11 JUL	£94,950	£108,424	12% below HPI

25 RACEYS 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 25 RACEYS CLOSE sales between July 2001 and November 2011 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 2006 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the November 2011 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 25 RACEYS CLOSE be worth now?

25 RACEYS CLOSE might now be worth an estimated £275,966.

This is based on house price inflation of 76.9%, between November 2011 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 76.9% inflationary increase is applied to the most recent sale price for 25 RACEYS CLOSE of £156,000 on 30th November 2011. For the value to have increased from £156,000 to £275,966 over the fourteen years and nine months to February 2025, the following assumptions must hold true:

• The value of 25 RACEYS CLOSE has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The November 2011 sale price of £156,000 represented a fair market value for the property.
• The size, condition, and specification of 25 RACEYS CLOSE has not materially changed since November 2011.

How Large is 25 RACEYS CLOSE?

25 RACEYS CLOSE is 101m² according to the EPC inspection conducted in October 2011. This puts it in the smallest 50% of detached houses houses in Emneth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Emneth, and where 25 RACEYS CLOSE lies on this distribution: 46% of detached houses houses are smaller than 25 RACEYS CLOSE, and 54% of houses are larger. Note that EPC data is not available for all properties in Emneth.

25 RACEYS CLOSE: Plot and Title Map

25 RACEYS CLOSE sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 25 RACEYS 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 25 RACEYS 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 25 RACEYS CLOSE?

25 RACEYS CLOSE is located in EMNETH, in the PE14 postcode district. The below map shows the position of No. 25 on RACEYS CLOSE.