3, CLAXTONS CLOSE, MILEHAM, KING'S LYNN, PE32 2RU - £195,000

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.

3 CLAXTONS CLOSE is a very small detached house of 63m², built sometime between 1976 and 1982, which could now be worth an estimated £236,789. It was last sold for £195,000 in December 2017, which was around 36% below the average December 2017 detached price in the Breckland local authority area. The most recent EPC inspection was February 2014, where the current energy rating was E, and the potential energy rating was A.

3 CLAXTONS CLOSE Sold Prices

Land registry data shows two sales for 3 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 3 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 20 DEC	£195,000	£302,491	36% below HPI
2013 21 JUN	£145,000	£208,329	30% below HPI

3 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 3 CLAXTONS CLOSE sales from June 2013 and December 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 June 2013 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the December 2017 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 3 CLAXTONS CLOSE be worth now?

3 CLAXTONS CLOSE might now be worth an estimated £236,789.

This is based on house price inflation of 21.4%, between December 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 21.4% inflationary increase is applied to the most recent sale price for 3 CLAXTONS CLOSE of £195,000 on 20th December 2017. For the value to have increased from £195,000 to £236,789 over the nine years and nine months to March 2026, the following assumptions must hold true:

• The value of 3 CLAXTONS CLOSE has moved in line with the HPI for detached houses in the Breckland local authority area.
• The December 2017 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 3 CLAXTONS CLOSE has not materially changed since December 2017.

How Large is 3 CLAXTONS CLOSE?

3 CLAXTONS CLOSE is 63m² according to the EPC inspection conducted in February 2014. 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 3 CLAXTONS CLOSE lies on this distribution: 1% of detached houses houses are smaller than 3 CLAXTONS CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Mileham.

3 CLAXTONS CLOSE: Plot and Title Map

3 CLAXTONS CLOSE sits on a plot of roughly 0.116 of an acre, or 470m². The below map shows the location of 3 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 3 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 3 CLAXTONS CLOSE?

3 CLAXTONS CLOSE is located in MILEHAM, in the PE32 postcode district. The below map shows the position of No. 3 on CLAXTONS CLOSE.