5, THOMAS DREW CLOSE, DERSINGHAM, KING'S LYNN, PE31 6WT - £305,000

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.

5 THOMAS DREW CLOSE is a small detached house of 76m², which could now be worth an estimated £330,271. It was last sold for £305,000 in April 2021, which was around 7% below the average April 2021 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was October 2009, where the current energy rating was D, and the potential energy rating was C.

5 THOMAS DREW CLOSE Sold Prices

Land registry data shows five sales for 5 THOMAS DREW CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the King's Lynn and West Norfolk local authority area for the corresponding sale date. Most of the five 5 THOMAS DREW 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
2021 7 APR	£305,000	£327,796	7% below HPI
2020 17 NOV	£290,000	£322,565	10% below HPI
2017 2 JUN	£285,000	£281,815	1% above HPI
2010 26 MAR	£225,000	£216,451	4% above HPI
2002 19 JUL	£115,000	£132,070	13% below HPI

5 THOMAS DREW 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 five 5 THOMAS DREW CLOSE sales between July 2002 and April 2021 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 November 2020 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the April 2021 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 5 THOMAS DREW CLOSE be worth now?

5 THOMAS DREW CLOSE might now be worth an estimated £330,271.

This is based on house price inflation of 8.3%, between April 2021 and June 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 8.3% inflationary increase is applied to the most recent sale price for 5 THOMAS DREW CLOSE of £305,000 on 7th April 2021. For the value to have increased from £305,000 to £330,271 over the three years and ten months to June 2025, the following assumptions must hold true:

• The value of 5 THOMAS DREW CLOSE has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The April 2021 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 5 THOMAS DREW CLOSE has not materially changed since April 2021.

How Large is 5 THOMAS DREW CLOSE?

5 THOMAS DREW CLOSE is 76m² according to the EPC inspection conducted in October 2009. This puts it in the smallest 30% of detached houses houses in Dersingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Dersingham, and where 5 THOMAS DREW CLOSE lies on this distribution: 22% of detached houses houses are smaller than 5 THOMAS DREW CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Dersingham.

5 THOMAS DREW CLOSE: Plot and Title Map

5 THOMAS DREW CLOSE sits on a plot of roughly 0.136 of an acre, or 549m². The below map shows the location of 5 THOMAS DREW 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 5 THOMAS DREW 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 5 THOMAS DREW CLOSE?

5 THOMAS DREW CLOSE is located in DERSINGHAM, in the PE31 postcode district. The below map shows the position of No. 5 on THOMAS DREW CLOSE.