Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
7 PINE CLOSE is a midsized extended detached house of 90m², built sometime between 1976 and 1982. It was last sold for £370,000 in January 2024, which was around 5% above the average January 2024 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 7 PINE CLOSE since 1st 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 7 PINE CLOSE sales were for above 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 22 JAN | £370,000 | £351,943 | 5% above HPI |
2006 28 APR | £218,000 | £189,588 | 15% above HPI |
1997 31 JUL | £76,000 | £67,041 | 13% above HPI |
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 7 PINE CLOSE sales between July 1997 and January 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 April 2006 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the January 2024 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.
7 PINE CLOSE is 90m², which includes three extensions, according to the EPC inspection conducted in September 2022. This puts it in the smallest 50% of detached houses in Snettisham, based on EPC data. The below chart shows the distribution of detached houses by size in Snettisham, and where 7 PINE CLOSE lies on this distribution: 45% of detached houses are smaller than 7 PINE CLOSE, and 54% of houses are larger. Note that EPC data is not available for all properties in Snettisham.
7 PINE CLOSE sits on a plot of roughly 0.148 of an acre, or 598m². The below map shows the location of 7 PINE 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 7 PINE 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.
7 PINE CLOSE is located in SNETTISHAM, in the PE31 postcode district. The below map shows the position of No. 7 on PINE CLOSE.