2, THE MEADOWS, SNETTISHAM, KING'S LYNN, PE31 7PR - £450,000

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.

2 THE MEADOWS is a very large detached house of 175m², built sometime between 1996 and 2002, which could now be worth an estimated £511,440. It was last sold for £450,000 in October 2020, which was around 41% above the average October 2020 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was C.

2 THE MEADOWS Sold Prices

Land registry data shows two sales for 2 THE MEADOWS 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 2 THE MEADOWS sales were for above 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
2020 13 OCT	£450,000	£320,011	41% above HPI
2002 28 JUN	£249,950	£129,472	93% above HPI

2 THE MEADOWS 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 2 THE MEADOWS sales from June 2002 and October 2020 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 June 2002 sale was for 93% above the HPI. So the extrapolation line tracks at 93% above the HPI over time, until the October 2020 sale, where it falls to 41% above the HPI. The line then continues to track at 41% above the HPI.

What might 2 THE MEADOWS be worth now?

2 THE MEADOWS might now be worth an estimated £511,440.

This is based on house price inflation of 13.7%, between October 2020 and March 2025, for detached houses, in the King's Lynn and West Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.7% inflationary increase is applied to the most recent sale price for 2 THE MEADOWS of £450,000 on 13th October 2020. For the value to have increased from £450,000 to £511,440 over the five years and seven months to March 2025, the following assumptions must hold true:

• The value of 2 THE MEADOWS has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The October 2020 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 2 THE MEADOWS has not materially changed since October 2020.

How Large is 2 THE MEADOWS?

2 THE MEADOWS is 175m² according to the EPC inspection conducted in January 2019. This puts it in the largest 10% of detached houses houses in Snettisham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Snettisham, and where 2 THE MEADOWS lies on this distribution: 90% of detached houses houses are smaller than 2 THE MEADOWS, and 10% of houses are larger. Note that EPC data is not available for all properties in Snettisham.

2 THE MEADOWS: Plot and Title Map

2 THE MEADOWS sits on a plot of roughly 0.471 of an acre, or 1,907m². The below map shows the location of 2 THE MEADOWS, 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 2 THE MEADOWS). 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 2 THE MEADOWS?

2 THE MEADOWS is located in SNETTISHAM, in the PE31 postcode district. The below map shows the position of No. 2 on THE MEADOWS.