3, HEMPLAND CLOSE, BRANCASTER, KING'S LYNN, PE31 8BH - £750,000

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.

3 HEMPLAND CLOSE is a very large detached house of 213m², built sometime between 2003 and 2006, which could now be worth an estimated £1,081,238. It was last sold for £750,000 in February 2016, which was around 195% above the average February 2016 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was March 2014, where the current energy rating was C, and the potential energy rating was B.

3 HEMPLAND CLOSE Sold Prices

Land registry data shows two sales for 3 HEMPLAND 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 3 HEMPLAND CLOSE sales were for above 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
2016 24 FEB	£750,000	£254,375	195% above HPI
2004 27 AUG	£465,000	£190,292	144% above HPI

3 HEMPLAND 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 3 HEMPLAND CLOSE sales from August 2004 and February 2016 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 August 2004 sale was for 144% above the HPI. So the extrapolation line tracks at 144% above the HPI over time, until the February 2016 sale, where it rises to 195% above the HPI. The line then continues to track at 195% above the HPI.

What might 3 HEMPLAND CLOSE be worth now?

3 HEMPLAND CLOSE might now be worth an estimated £1,081,238.

This is based on house price inflation of 44.2%, between February 2016 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 44.2% inflationary increase is applied to the most recent sale price for 3 HEMPLAND CLOSE of £750,000 on 24th February 2016. For the value to have increased from £750,000 to £1,081,238 over the nine years to February 2025, the following assumptions must hold true:

• The value of 3 HEMPLAND CLOSE has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The February 2016 sale price of £750,000 represented a fair market value for the property.
• The size, condition, and specification of 3 HEMPLAND CLOSE has not materially changed since February 2016.

How Large is 3 HEMPLAND CLOSE?

3 HEMPLAND CLOSE is 213m² according to the EPC inspection conducted in March 2014. This puts it in the largest 20% of detached houses houses in Brancaster, based on EPC data. The below chart shows the distribution of detached houses houses by size in Brancaster, and where 3 HEMPLAND CLOSE lies on this distribution: 84% of detached houses houses are smaller than 3 HEMPLAND CLOSE, and 16% of houses are larger. Note that EPC data is not available for all properties in Brancaster.

3 HEMPLAND CLOSE: Plot and Title Map

3 HEMPLAND CLOSE sits on a plot of roughly 0.168 of an acre, or 681m². The below map shows the location of 3 HEMPLAND 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 HEMPLAND 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 HEMPLAND CLOSE?

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