3, CRAEMAR CLOSE, SNETTISHAM, KING'S LYNN, PE31 7PP - £168,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

3 CRAEMAR CLOSE is a very small detached house of 63m², built sometime between 1967 and 1975. It was last sold for £168,000 in December 2015, which was around 32% below the average December 2015 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was June 2009, where the current energy rating was D, and the potential energy rating was C.

3 CRAEMAR CLOSE Sold Prices

Land registry data shows four sales for 3 CRAEMAR CLOSE since 1^st January 1995. The below table shows the price paid for the four 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 four 3 CRAEMAR 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
2015 4 DEC	£168,000	£247,568	32% below HPI
2005 2 NOV	£163,500	£193,246	15% below HPI
2004 11 AUG	£160,000	£185,175	14% below HPI
2003 23 OCT	£107,000	£167,921	36% below HPI

3 CRAEMAR 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 four 3 CRAEMAR CLOSE sales between October 2003 and December 2015 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 2005 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the December 2015 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 3 CRAEMAR CLOSE?

3 CRAEMAR CLOSE is 63m² according to the EPC inspection conducted in June 2009. This puts it in the smallest 10% of detached houses in Snettisham, based on EPC data. The below chart shows the distribution of detached houses by size in Snettisham, and where 3 CRAEMAR CLOSE lies on this distribution: 6% of detached houses are smaller than 3 CRAEMAR CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Snettisham.

3 CRAEMAR CLOSE: Plot and Title Map

3 CRAEMAR CLOSE sits on a plot of roughly 0.077 of an acre, or 313m². The below map shows the location of 3 CRAEMAR 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 3 CRAEMAR 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 3 CRAEMAR CLOSE?

3 CRAEMAR CLOSE is located in SNETTISHAM, in the PE31 postcode district. The below map shows the position of No. 3 on CRAEMAR CLOSE.