3, THOMAS DREW CLOSE, DERSINGHAM, KING'S LYNN, PE31 6WT - £219,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 THOMAS DREW CLOSE is a very small detached house of 73m², built sometime between 1991 and 1995, which could now be worth an estimated £387,655. It was last sold for £219,000 in March 2007, which was around 4% above the average March 2007 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.

3 THOMAS DREW CLOSE Sold Prices

Land registry data shows two sales for 3 THOMAS DREW 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. One of the two 3 THOMAS DREW CLOSE sales was for above the average price, whilst the other was 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
2007 27 MAR	£219,000	£211,351	4% above HPI
2002 26 JUN	£112,000	£129,472	13% below HPI

3 THOMAS DREW 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 THOMAS DREW CLOSE sales from June 2002 and March 2007 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 2002 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the March 2007 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 3 THOMAS DREW CLOSE be worth now?

3 THOMAS DREW CLOSE might now be worth an estimated £387,655.

This is based on house price inflation of 77%, between March 2007 and December 2024, 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 77% inflationary increase is applied to the most recent sale price for 3 THOMAS DREW CLOSE of £219,000 on 27th March 2007. For the value to have increased from £219,000 to £387,655 over the sixteen years and three months to December 2024, the following assumptions must hold true:

• The value of 3 THOMAS DREW CLOSE has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The March 2007 sale price of £219,000 represented a fair market value for the property.
• The size, condition, and specification of 3 THOMAS DREW CLOSE has not materially changed since March 2007.

How Large is 3 THOMAS DREW CLOSE?

3 THOMAS DREW CLOSE is 73m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 20% of detached houses houses in Dersingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Dersingham, and where 3 THOMAS DREW CLOSE lies on this distribution: 16% of detached houses houses are smaller than 3 THOMAS DREW CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Dersingham.

3 THOMAS DREW CLOSE: Plot and Title Map

3 THOMAS DREW CLOSE sits on a plot of roughly 0.111 of an acre, or 450m². The below map shows the location of 3 THOMAS DREW 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 THOMAS DREW 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 THOMAS DREW CLOSE?

3 THOMAS DREW CLOSE is located in DERSINGHAM, in the PE31 postcode district. The below map shows the position of No. 3 on THOMAS DREW CLOSE.