BENCLOSE, FAIRFIELD ROAD, STOKE FERRY, KING'S LYNN, PE33 9SR - £138,000

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

BENCLOSE is a very small extended detached house of 75m², built sometime between 1983 and 1990. It was last sold for £138,000 in June 2004, which was around 22% below the average June 2004 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was February 2015, where the current energy rating was F, and the potential energy rating was A.

BENCLOSE Sold Prices

Land registry data shows two sales for BENCLOSE 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 BENCLOSE 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
2004 8 JUN	£138,000	£177,217	22% below HPI
1999 22 FEB	£60,000	£74,916	20% below HPI

BENCLOSE 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 BENCLOSE sales from February 1999 and June 2004 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 February 1999 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the June 2004 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is BENCLOSE?

BENCLOSE is 75m², which includes one extension, according to the EPC inspection conducted in February 2015. This puts it in the smallest 20% of detached houses in Stoke Ferry, based on EPC data. The below chart shows the distribution of detached houses by size in Stoke Ferry, and where BENCLOSE lies on this distribution: 17% of detached houses are smaller than BENCLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Stoke Ferry.

BENCLOSE: Plot and Title Map

BENCLOSE sits on a plot of roughly 0.094 of an acre, or 381m². The below map shows the location of BENCLOSE, 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 BENCLOSE). 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 BENCLOSE?

BENCLOSE is located on FAIRFIELD ROAD in STOKE FERRY, in the PE33 postcode district. The below map shows the position of BENCLOSE on FAIRFIELD ROAD.