16, LANCASTER CLOSE, METHWOLD, THETFORD, IP26 4NZ - £189,950

16 LANCASTER CLOSE is a very small extended detached house of 83m², built sometime between 1950 and 1966. It was last sold for £189,950 in March 2017, which was around 30% below the average March 2017 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 D, and the potential energy rating was D.

16 LANCASTER CLOSE Sold Prices

Land registry data shows two sales for 16 LANCASTER 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 16 LANCASTER 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 27 MAR	£189,950	£271,096	30% below HPI
2010 19 JAN	£87,000	£201,655	57% below HPI

16 LANCASTER 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 16 LANCASTER CLOSE sales from January 2010 and March 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 January 2010 sale was for 57% below the HPI. So the extrapolation line tracks at 57% below the HPI over time, until the March 2017 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 16 LANCASTER CLOSE?

16 LANCASTER CLOSE is 83m², which includes one extension, according to the EPC inspection conducted in August 2011. This puts it in the smallest 20% of detached houses in Methwold, based on EPC data. The below chart shows the distribution of detached houses by size in Methwold, and where 16 LANCASTER CLOSE lies on this distribution: 14% of detached houses are smaller than 16 LANCASTER CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Methwold.

16 LANCASTER CLOSE: Plot and Title Map

16 LANCASTER CLOSE sits on a plot of roughly 40.5 acres, or 163,997m². The below map shows the location of 16 LANCASTER 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 LANCASTER 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 LANCASTER CLOSE?

16 LANCASTER CLOSE is located in METHWOLD, in the IP26 postcode district. The below map shows the position of No. 16 on LANCASTER CLOSE.