34, RACEYS CLOSE, EMNETH, WISBECH, PE14 8BT - £250,000

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

34 RACEYS CLOSE is a small detached house of 96m², built sometime between 1996 and 2002. It was last sold for £250,000 in September 2021, which was around 22% below the average September 2021 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was B.

34 RACEYS CLOSE Sold Prices

Land registry data shows three sales for 34 RACEYS CLOSE since 1^st January 1995. The below table shows the price paid for the three 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 three 34 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
2021 27 SEP	£250,000	£318,711	22% below HPI
2004 26 MAR	£165,000	£167,041	1% below HPI
2001 6 JUL	£91,950	£105,508	13% below HPI

34 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 three 34 RACEYS CLOSE sales between July 2001 and September 2021 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 March 2004 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the September 2021 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 34 RACEYS CLOSE?

34 RACEYS CLOSE is 96m² according to the EPC inspection conducted in June 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 34 RACEYS CLOSE lies on this distribution: 34% of detached houses are smaller than 34 RACEYS CLOSE, and 66% of houses are larger. Note that EPC data is not available for all properties in Emneth.

34 RACEYS CLOSE: Plot and Title Map

34 RACEYS CLOSE sits on a plot of roughly 0.088 of an acre, or 355m². The below map shows the location of 34 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 34 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 34 RACEYS CLOSE?

34 RACEYS CLOSE is located in EMNETH, in the PE14 postcode district. The below map shows the position of No. 34 on RACEYS CLOSE.