4, NURSERY CLOSE, GRIMSTON, KING'S LYNN, PE32 1DH - £285,000

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 NURSERY CLOSE is a midsized extended detached house of 104m², built sometime between 1967 and 1975, which could now be worth an estimated £324,013. It was last sold for £285,000 in November 2020, which was around 12% below the average November 2020 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was May 2017, where the current energy rating was E, and the potential energy rating was C.

4 NURSERY CLOSE Sold Prices

Land registry data shows two sales for 4 NURSERY 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. Both of the two 4 NURSERY 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 25 NOV	£285,000	£322,565	12% below HPI
2012 12 APR	£175,000	£200,284	13% below HPI

4 NURSERY 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 4 NURSERY CLOSE sales from April 2012 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 April 2012 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the November 2020 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 4 NURSERY CLOSE be worth now?

4 NURSERY CLOSE might now be worth an estimated £324,013.

This is based on house price inflation of 13.7%, between November 2020 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 13.7% inflationary increase is applied to the most recent sale price for 4 NURSERY CLOSE of £285,000 on 25th November 2020. For the value to have increased from £285,000 to £324,013 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 4 NURSERY 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 £285,000 represented a fair market value for the property.
• The size, condition, and specification of 4 NURSERY CLOSE has not materially changed since November 2020.

How Large is 4 NURSERY CLOSE?

4 NURSERY CLOSE is 104m², which includes two extensions, according to the EPC inspection conducted in May 2017. This puts it in the smallest 50% of detached houses houses in Grimston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Grimston, and where 4 NURSERY CLOSE lies on this distribution: 47% of detached houses houses are smaller than 4 NURSERY CLOSE, and 52% of houses are larger. Note that EPC data is not available for all properties in Grimston.

4 NURSERY CLOSE: Plot and Title Map

4 NURSERY CLOSE sits on a plot of roughly 0.096 of an acre, or 387m². The below map shows the location of 4 NURSERY 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 NURSERY 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 NURSERY CLOSE?

4 NURSERY CLOSE is located in GRIMSTON, in the PE32 postcode district. The below map shows the position of No. 4 on NURSERY CLOSE.