45, ADDISON CLOSE, FELTWELL, THETFORD, IP26 4DJ - £265,000

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

45 ADDISON CLOSE is a very large extended detached house of 171m², built sometime between 1950 and 1966, which could now be worth an estimated £329,424. It was last sold for £265,000 in July 2019, which was around 12% below the average July 2019 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was C.

45 ADDISON CLOSE Sold Prices

Land registry data shows three sales for 45 ADDISON 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 45 ADDISON 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
2019 16 JUL	£265,000	£300,951	12% below HPI
2005 25 MAY	£140,000	£193,295	28% below HPI
2004 26 NOV	£84,000	£189,267	56% below HPI

45 ADDISON 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 45 ADDISON CLOSE sales between November 2004 and July 2019 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 May 2005 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the July 2019 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 45 ADDISON CLOSE be worth now?

45 ADDISON CLOSE might now be worth an estimated £329,424.

This is based on house price inflation of 24.3%, between July 2019 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 24.3% inflationary increase is applied to the most recent sale price for 45 ADDISON CLOSE of £265,000 on 16th July 2019. For the value to have increased from £265,000 to £329,424 over the four years and seven months to December 2024, the following assumptions must hold true:

• The value of 45 ADDISON CLOSE has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The July 2019 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 45 ADDISON CLOSE has not materially changed since July 2019.

How Large is 45 ADDISON CLOSE?

45 ADDISON CLOSE is 171m², which includes two extensions, according to the EPC inspection conducted in June 2017. This puts it in the largest 20% of detached houses houses in Feltwell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Feltwell, and where 45 ADDISON CLOSE lies on this distribution: 89% of detached houses houses are smaller than 45 ADDISON CLOSE, and 11% of houses are larger. Note that EPC data is not available for all properties in Feltwell.

45 ADDISON CLOSE: Plot and Title Map

45 ADDISON CLOSE sits on a plot of roughly 0.135 of an acre, or 547m². The below map shows the location of 45 ADDISON 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 45 ADDISON 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 45 ADDISON CLOSE?

45 ADDISON CLOSE is located in FELTWELL, in the IP26 postcode district. The below map shows the position of No. 45 on ADDISON CLOSE.