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

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.

27 RACEYS CLOSE is a small detached house of 97m², built sometime between 1991 and 1995, which could now be worth an estimated £269,347. It was last sold for £260,000 in March 2022, which was around 27% 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	£353,994	27% below HPI
2001 25 APR	£86,950	£97,428	11% 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 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the March 2022 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 27 RACEYS CLOSE be worth now?

27 RACEYS CLOSE might now be worth an estimated £269,347.

This is based on house price inflation of 3.6%, between March 2022 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 3.6% inflationary increase is applied to the most recent sale price for 27 RACEYS CLOSE of £260,000 on 7th March 2022. For the value to have increased from £260,000 to £269,347 over the three years and one month to February 2025, the following assumptions must hold true:

• The value of 27 RACEYS CLOSE has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The March 2022 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 27 RACEYS CLOSE has not materially changed since March 2022.

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 houses in Emneth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Emneth, and where 27 RACEYS CLOSE lies on this distribution: 35% of detached houses houses are smaller than 27 RACEYS CLOSE, and 62% 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.