2, THE BROADWAY, HEACHAM, KING'S LYNN, PE31 7DF - £375,000

2 THE BROADWAY is a large extended detached house of 121m², built sometime between 1930 and 1949. It was last sold for £375,000 in June 2021, which was around 17% above the average June 2021 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was C.

2 THE BROADWAY Sold Prices

Land registry data shows two sales for 2 THE BROADWAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the King's Lynn and West Norfolk local authority area for the corresponding sale date. Both of the two 2 THE BROADWAY 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
2021 28 JUN	£375,000	£321,785	17% above HPI
1999 27 MAY	£78,000	£76,163	2% above HPI

2 THE BROADWAY 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 two 2 THE BROADWAY sales from May 1999 and June 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 May 1999 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the June 2021 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is 2 THE BROADWAY?

2 THE BROADWAY is 121m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the largest 30% 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 THE BROADWAY lies on this distribution: 74% of detached houses are smaller than 2 THE BROADWAY, and 26% of houses are larger. Note that EPC data is not available for all properties in Heacham.

2 THE BROADWAY: Plot and Title Map

2 THE BROADWAY sits on a plot of roughly 0.192 of an acre, or 778m². The below map shows the location of 2 THE BROADWAY, 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 THE BROADWAY). 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 THE BROADWAY?

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