8, LIME CLOSE, MARHAM, KING'S LYNN, PE33 9HN - £172,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

8 LIME CLOSE is a large extended detached house of 125m², built sometime between 1991 and 1995. It was last sold for £172,000 in May 2013, which was around 16% below the average May 2013 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was August 2011, where the current energy rating was E, and the potential energy rating was E.

8 LIME CLOSE Sold Prices

Land registry data shows three sales for 8 LIME 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 8 LIME 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
2013 24 MAY	£172,000	£205,091	16% below HPI
2002 19 AUG	£112,000	£136,280	18% below HPI
2000 24 MAR	£75,000	£83,785	10% below HPI

8 LIME 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 8 LIME CLOSE sales between March 2000 and May 2013 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 2002 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the May 2013 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 8 LIME CLOSE?

8 LIME CLOSE is 125m², which includes one extension, according to the EPC inspection conducted in August 2011. This puts it in the largest 40% of detached houses in Marham, based on EPC data. The below chart shows the distribution of detached houses by size in Marham, and where 8 LIME CLOSE lies on this distribution: 70% of detached houses are smaller than 8 LIME CLOSE, and 30% of houses are larger. Note that EPC data is not available for all properties in Marham.

8 LIME CLOSE: Plot and Title Map

8 LIME CLOSE sits on a plot of roughly 0.083 of an acre, or 336m². The below map shows the location of 8 LIME 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 8 LIME 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 8 LIME CLOSE?

8 LIME CLOSE is located in MARHAM, in the PE33 postcode district. The below map shows the position of No. 8 on LIME CLOSE.