GRAIES, MULBERRY CLOSE, FELTWELL, THETFORD, IP26 4AZ - £395,000

GRAIES is a very large detached house of 197m², built sometime between 1983 and 1990. It was last sold for £395,000 in July 2014, which was around 76% above the average July 2014 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was April 2014, where the current energy rating was E, and the potential energy rating was C.

GRAIES Sold Prices

Land registry data shows four sales for GRAIES 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 GRAIES 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
2014 18 JUL	£395,000	£223,815	76% above HPI
2008 28 NOV	£330,000	£202,345	63% above HPI
2005 7 OCT	£262,000	£194,644	35% above HPI
1999 30 JUL	£193,000	£81,504	137% above HPI

GRAIES 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 GRAIES sales between July 1999 and July 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 November 2008 sale was for 63% above the HPI. So the extrapolation line tracks at 63% above the HPI over time, until the July 2014 sale, where it rises to 76% above the HPI. The line then continues to track at 76% above the HPI.

How Large is GRAIES?

GRAIES is 197m² according to the EPC inspection conducted in April 2014. This puts it in the largest 10% of detached houses in Feltwell, based on EPC data. The below chart shows the distribution of detached houses by size in Feltwell, and where GRAIES lies on this distribution: 93% of detached houses are smaller than GRAIES, and 7% of houses are larger. Note that EPC data is not available for all properties in Feltwell.

GRAIES: Plot and Title Map

GRAIES sits on a plot of roughly 0.424 of an acre, or 1,716m². The below map shows the location of GRAIES, 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 GRAIES). 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 GRAIES?

GRAIES is located on MULBERRY CLOSE in FELTWELL, in the IP26 postcode district. The below map shows the position of GRAIES on MULBERRY CLOSE.