40, RACEYS CLOSE, EMNETH, WISBECH, PE14 8BT - £185,000

40 RACEYS CLOSE is a small detached house of 89m², built sometime between 1996 and 2002. It was last sold for £185,000 in December 2014, which was around 19% below the average December 2014 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was March 2010, where the current energy rating was C, and the potential energy rating was C.

40 RACEYS CLOSE Sold Prices

Land registry data shows four sales for 40 RACEYS CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the King's Lynn and West Norfolk local authority area for the corresponding sale date. All of the four 40 RACEYS 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
2014 19 DEC	£185,000	£227,818	19% below HPI
2012 13 FEB	£166,000	£200,865	17% below HPI
2005 1 JUL	£174,995	£200,070	13% below HPI
2001 30 AUG	£94,950	£107,883	12% below HPI

40 RACEYS 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 four 40 RACEYS CLOSE sales between August 2001 and December 2014 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 2012 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the December 2014 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 40 RACEYS CLOSE?

40 RACEYS CLOSE is 89m² according to the EPC inspection conducted in March 2010. This puts it in the smallest 30% of detached houses in Emneth, based on EPC data. The below chart shows the distribution of detached houses by size in Emneth, and where 40 RACEYS CLOSE lies on this distribution: 25% of detached houses are smaller than 40 RACEYS CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Emneth.

40 RACEYS CLOSE: Plot and Title Map

40 RACEYS CLOSE sits on a plot of roughly 0.096 of an acre, or 388m². The below map shows the location of 40 RACEYS 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 40 RACEYS 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 40 RACEYS CLOSE?

40 RACEYS CLOSE is located in EMNETH, in the PE14 postcode district. The below map shows the position of No. 40 on RACEYS CLOSE.