2, LAVENDER CLOSE, HEACHAM, KING'S LYNN, PE31 7SN - £275,000

2 LAVENDER CLOSE is a midsized extended detached house of 90m², built sometime between 1967 and 1975. It was last sold for £275,000 in February 2020, which was around 5% below the average February 2020 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was C.

2 LAVENDER CLOSE Sold Prices

Land registry data shows four sales for 2 LAVENDER 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. Most of the four 2 LAVENDER 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
2020 7 FEB	£275,000	£290,310	5% below HPI
2018 13 MAR	£242,000	£279,745	13% below HPI
2002 9 OCT	£150,000	£142,372	5% above HPI
1998 9 APR	£61,000	£69,146	12% below HPI

2 LAVENDER 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 2 LAVENDER CLOSE sales between April 1998 and February 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 March 2018 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the February 2020 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 2 LAVENDER CLOSE?

2 LAVENDER CLOSE is 90m², which includes one extension, according to the EPC inspection conducted in July 2017. This puts it in the largest 50% of detached houses in Heacham, based on EPC data. The below chart shows the distribution of detached houses by size in Heacham, and where 2 LAVENDER CLOSE lies on this distribution: 50% of detached houses are smaller than 2 LAVENDER CLOSE, and 49% of houses are larger. Note that EPC data is not available for all properties in Heacham.

2 LAVENDER CLOSE: Plot and Title Map

2 LAVENDER CLOSE sits on a plot of roughly 0.110 of an acre, or 447m². The below map shows the location of 2 LAVENDER 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 2 LAVENDER 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 2 LAVENDER CLOSE?

2 LAVENDER CLOSE is located in HEACHAM, in the PE31 postcode district. The below map shows the position of No. 2 on LAVENDER CLOSE.