16, CLAXTONS CLOSE, MILEHAM, KING'S LYNN, PE32 2RU - £215,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

16 CLAXTONS CLOSE is a very small detached house of 70m², built sometime between 1983 and 1990, which could now be worth an estimated £281,524. It was last sold for £215,000 in April 2017, which was around 23% below the average April 2017 detached price in the Breckland local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was B.

16 CLAXTONS CLOSE Sold Prices

Land registry data shows two sales for 16 CLAXTONS 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 Breckland local authority area for the corresponding sale date. Both of the two 16 CLAXTONS 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
2017 19 APR	£215,000	£280,519	23% below HPI
2015 28 AUG	£182,000	£249,624	27% below HPI

16 CLAXTONS CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Breckland local authority area over time, sourced from the HPI. The two 16 CLAXTONS CLOSE sales from August 2015 and April 2017 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 2015 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the April 2017 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 16 CLAXTONS CLOSE be worth now?

16 CLAXTONS CLOSE might now be worth an estimated £281,524.

This is based on house price inflation of 30.9%, between April 2017 and March 2026, for detached houses, in the Breckland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 30.9% inflationary increase is applied to the most recent sale price for 16 CLAXTONS CLOSE of £215,000 on 19th April 2017. For the value to have increased from £215,000 to £281,524 over the nine years and one month to March 2026, the following assumptions must hold true:

• The value of 16 CLAXTONS CLOSE has moved in line with the HPI for detached houses in the Breckland local authority area.
• The April 2017 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 16 CLAXTONS CLOSE has not materially changed since April 2017.

How Large is 16 CLAXTONS CLOSE?

16 CLAXTONS CLOSE is 70m² according to the EPC inspection conducted in September 2013. This puts it in the smallest 10% of detached houses houses in Mileham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Mileham, and where 16 CLAXTONS CLOSE lies on this distribution: 6% of detached houses houses are smaller than 16 CLAXTONS CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Mileham.

16 CLAXTONS CLOSE: Plot and Title Map

16 CLAXTONS CLOSE sits on a plot of roughly 0.106 of an acre, or 430m². The below map shows the location of 16 CLAXTONS 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 16 CLAXTONS 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 16 CLAXTONS CLOSE?

16 CLAXTONS CLOSE is located in MILEHAM, in the PE32 postcode district. The below map shows the position of No. 16 on CLAXTONS CLOSE.