4, HALL CLOSE, SOUTHERY, DOWNHAM MARKET, PE38 0NN - £225,000

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

4 HALL CLOSE is a small extended detached house of 100m², built sometime between 1950 and 1966, which could now be worth an estimated £260,958. It was last sold for £225,000 in November 2020, which was around 30% below the average November 2020 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was November 2010, where the current energy rating was F, and the potential energy rating was C.

4 HALL CLOSE Sold Prices

Land registry data shows three sales for 4 HALL 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 HALL 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
2020 5 NOV	£225,000	£322,565	30% below HPI
2011 10 JUN	£134,000	£202,890	34% below HPI
2004 20 JAN	£88,000	£168,228	48% below HPI

4 HALL 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 HALL CLOSE sales between January 2004 and November 2020 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 2011 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the November 2020 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 4 HALL CLOSE be worth now?

4 HALL CLOSE might now be worth an estimated £260,958.

This is based on house price inflation of 16%, between November 2020 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 16% inflationary increase is applied to the most recent sale price for 4 HALL CLOSE of £225,000 on 5th November 2020. For the value to have increased from £225,000 to £260,958 over the three years and eleven months to December 2024, the following assumptions must hold true:

• The value of 4 HALL CLOSE has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The November 2020 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 4 HALL CLOSE has not materially changed since November 2020.

How Large is 4 HALL CLOSE?

4 HALL CLOSE is 100m², which includes one extension, according to the EPC inspection conducted in November 2010. This puts it in the smallest 40% of detached houses houses in Southery, based on EPC data. The below chart shows the distribution of detached houses houses by size in Southery, and where 4 HALL CLOSE lies on this distribution: 39% of detached houses houses are smaller than 4 HALL CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Southery.

4 HALL CLOSE: Plot and Title Map

4 HALL CLOSE sits on a plot of roughly 0.114 of an acre, or 460m². The below map shows the location of 4 HALL 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 HALL 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 HALL CLOSE?

4 HALL CLOSE is located in SOUTHERY, in the PE38 postcode district. The below map shows the position of No. 4 on HALL CLOSE.