38, PRIORY CLOSE, SPORLE, KING'S LYNN, PE32 2DU - £111,500

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.

38 PRIORY CLOSE is a very small detached house of 59m², built sometime between 1976 and 1982, which could now be worth an estimated £178,600. It was last sold for £111,500 in July 2014, which was around 52% below the average July 2014 detached price in the Breckland local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was D.

38 PRIORY CLOSE Sold Prices

Land registry data shows five sales for 38 PRIORY CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. All of the five 38 PRIORY 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
2014 4 JUL	£111,500	£231,259	52% below HPI
2012 10 FEB	£125,000	£208,784	40% below HPI
2002 22 AUG	£97,950	£143,537	32% below HPI
2001 12 SEP	£77,500	£122,244	37% below HPI
1999 27 OCT	£55,500	£92,950	40% below HPI

38 PRIORY CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Breckland local authority area over time, sourced from the HPI. The five 38 PRIORY CLOSE sales between October 1999 and July 2014 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 February 2012 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the July 2014 sale, where it falls to 52% below the HPI. The line then continues to track at 52% below the HPI.

What might 38 PRIORY CLOSE be worth now?

38 PRIORY CLOSE might now be worth an estimated £178,600.

This is based on house price inflation of 60.2%, between July 2014 and February 2025, for detached houses, in the Breckland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 60.2% inflationary increase is applied to the most recent sale price for 38 PRIORY CLOSE of £111,500 on 4th July 2014. For the value to have increased from £111,500 to £178,600 over the eleven years and five months to February 2025, the following assumptions must hold true:

• The value of 38 PRIORY CLOSE has moved in line with the HPI for detached houses in the Breckland local authority area.
• The July 2014 sale price of £111,500 represented a fair market value for the property.
• The size, condition, and specification of 38 PRIORY CLOSE has not materially changed since July 2014.

How Large is 38 PRIORY CLOSE?

38 PRIORY CLOSE is 59m² according to the EPC inspection conducted in September 2011. This puts it in the smallest 20% of detached houses houses in Sporle, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sporle, and where 38 PRIORY CLOSE lies on this distribution: 11% of detached houses houses are smaller than 38 PRIORY CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Sporle.

38 PRIORY CLOSE: Plot and Title Map

38 PRIORY CLOSE sits on a plot of roughly 0.135 of an acre, or 548m². The below map shows the location of 38 PRIORY 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 38 PRIORY 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 38 PRIORY CLOSE?

38 PRIORY CLOSE is located in SPORLE, in the PE32 postcode district. The below map shows the position of No. 38 on PRIORY CLOSE.