26, SPENCER CLOSE, WEST WALTON, WISBECH, PE14 7EN - £236,000

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

26 SPENCER CLOSE is a very small detached house of 87m², built sometime between 1983 and 1990. It was last sold for £236,000 in May 2021, which was around 25% below the average May 2021 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was D.

26 SPENCER CLOSE Sold Prices

Land registry data shows three sales for 26 SPENCER 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 26 SPENCER 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 5 MAY	£236,000	£315,796	25% below HPI
2013 7 JUN	£135,000	£206,112	35% below HPI
2000 15 MAR	£25,000	£83,785	70% below HPI

26 SPENCER 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 26 SPENCER CLOSE sales between March 2000 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 June 2013 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the May 2021 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 26 SPENCER CLOSE?

26 SPENCER CLOSE is 87m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 20% of detached houses in West Walton, based on EPC data. The below chart shows the distribution of detached houses by size in West Walton, and where 26 SPENCER CLOSE lies on this distribution: 17% of detached houses are smaller than 26 SPENCER CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in West Walton.

26 SPENCER CLOSE: Plot and Title Map

26 SPENCER CLOSE sits on a plot of roughly 0.121 of an acre, or 492m². The below map shows the location of 26 SPENCER 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 26 SPENCER 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 26 SPENCER CLOSE?

26 SPENCER CLOSE is located in WEST WALTON, in the PE14 postcode district. The below map shows the position of No. 26 on SPENCER CLOSE.