9, LACEY CLOSE, WATLINGTON, KING'S LYNN, PE33 0TX - £170,000

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

9 LACEY CLOSE is a very small detached house of 73m², built sometime between 1996 and 2002. It was last sold for £170,000 in August 2005, which was around 15% below the average August 2005 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was B.

9 LACEY CLOSE Sold Prices

Land registry data shows two sales for 9 LACEY 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 9 LACEY 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
2005 31 AUG	£170,000	£199,929	15% below HPI
1999 10 SEP	£35,270	£85,822	59% below HPI

9 LACEY 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 9 LACEY CLOSE sales from September 1999 and August 2005 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 September 1999 sale was for 59% below the HPI. So the extrapolation line tracks at 59% below the HPI over time, until the August 2005 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 9 LACEY CLOSE?

9 LACEY CLOSE is 73m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 20% of detached houses in Watlington, based on EPC data. The below chart shows the distribution of detached houses by size in Watlington, and where 9 LACEY CLOSE lies on this distribution: 17% of detached houses are smaller than 9 LACEY CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Watlington.

9 LACEY CLOSE: Plot and Title Map

9 LACEY CLOSE sits on a plot of roughly 0.103 of an acre, or 417m². The below map shows the location of 9 LACEY 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 9 LACEY 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 9 LACEY CLOSE?

9 LACEY CLOSE is located in WATLINGTON, in the PE33 postcode district. The below map shows the position of No. 9 on LACEY CLOSE.