27, RACEYS CLOSE, EMNETH, WISBECH, PE14 8BT - £260,000

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

27 RACEYS CLOSE is a small detached house of 97m², built sometime between 1991 and 1995. It was last sold for £260,000 in March 2022, which was around 25% below the average March 2022 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was December 2021, where the current energy rating was C, and the potential energy rating was B.

27 RACEYS CLOSE Sold Prices

Land registry data shows two sales for 27 RACEYS 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 27 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
2022 7 MAR	£260,000	£344,475	25% below HPI
2001 25 APR	£86,950	£94,809	8% below HPI

27 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 two 27 RACEYS CLOSE sales from April 2001 and March 2022 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 April 2001 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the March 2022 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 27 RACEYS CLOSE?

27 RACEYS CLOSE is 97m² according to the EPC inspection conducted in December 2021. This puts it in the smallest 40% of detached houses in Emneth, based on EPC data. The below chart shows the distribution of detached houses by size in Emneth, and where 27 RACEYS CLOSE lies on this distribution: 34% of detached houses are smaller than 27 RACEYS CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Emneth.

27 RACEYS CLOSE: Plot and Title Map

27 RACEYS CLOSE sits on a plot of roughly 0.094 of an acre, or 382m². The below map shows the location of 27 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 27 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 27 RACEYS CLOSE?

27 RACEYS CLOSE is located in EMNETH, in the PE14 postcode district. The below map shows the position of No. 27 on RACEYS CLOSE.