4, GLEBE CLOSE, NORTHWOLD, THETFORD, IP26 5NL - £240,000

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.

4 GLEBE CLOSE is a small detached house of 98m², built sometime between 1967 and 1975, which could now be worth an estimated £243,504. It was last sold for £240,000 in March 2024, which was around 34% below the average March 2024 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was February 2023, where the current energy rating was E, and the potential energy rating was C.

4 GLEBE CLOSE Sold Prices

Land registry data shows three sales for 4 GLEBE 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 4 GLEBE 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
2024 18 MAR	£240,000	£361,443	34% below HPI
2008 29 AUG	£160,000	£220,691	28% below HPI
1998 1 JUL	£76,000	£76,613	1% below HPI

4 GLEBE 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 4 GLEBE CLOSE sales between July 1998 and March 2024 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 2008 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the March 2024 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 4 GLEBE CLOSE be worth now?

4 GLEBE CLOSE might now be worth an estimated £243,504.

This is based on house price inflation of 1.5%, between March 2024 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 1.5% inflationary increase is applied to the most recent sale price for 4 GLEBE CLOSE of £240,000 on 18th March 2024. For the value to have increased from £240,000 to £243,504 over the one year and one month to February 2025, the following assumptions must hold true:

• The value of 4 GLEBE CLOSE has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The March 2024 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 4 GLEBE CLOSE has not materially changed since March 2024.

How Large is 4 GLEBE CLOSE?

4 GLEBE CLOSE is 98m² according to the EPC inspection conducted in February 2023. This puts it in the smallest 40% of detached houses houses in Northwold, based on EPC data. The below chart shows the distribution of detached houses houses by size in Northwold, and where 4 GLEBE CLOSE lies on this distribution: 30% of detached houses houses are smaller than 4 GLEBE CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Northwold.

4 GLEBE CLOSE: Plot and Title Map

4 GLEBE CLOSE sits on a plot of roughly 0.138 of an acre, or 557m². The below map shows the location of 4 GLEBE 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 4 GLEBE 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 4 GLEBE CLOSE?

4 GLEBE CLOSE is located in NORTHWOLD, in the IP26 postcode district. The below map shows the position of No. 4 on GLEBE CLOSE.