3, BRIDGE CLOSE, HEACHAM, KING'S LYNN, PE31 7SQ - £258,000

3 BRIDGE CLOSE is a very small detached house of 41m², built sometime between 1976 and 1982. It was last sold for £258,000 in April 2023, which was around 29% below the average April 2023 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 B.

3 BRIDGE CLOSE Sold Prices

Land registry data shows two sales for 3 BRIDGE CLOSE 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. One of the two 3 BRIDGE CLOSE sales was for below the average price, whilst the other was 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
2023 6 APR	£258,000	£363,695	29% below HPI
1995 1 AUG	£60,000	£58,857	2% above HPI

3 BRIDGE 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 two 3 BRIDGE CLOSE sales from August 1995 and April 2023 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 August 1995 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the April 2023 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 3 BRIDGE CLOSE?

3 BRIDGE CLOSE is 41m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 10% of detached houses in Heacham, based on EPC data. The below chart shows the distribution of detached houses by size in Heacham, and where 3 BRIDGE CLOSE lies on this distribution: Less than 1% of detached houses are smaller than 3 BRIDGE CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Heacham.

3 BRIDGE CLOSE: Plot and Title Map

3 BRIDGE CLOSE sits on a plot of roughly 0.131 of an acre, or 529m². The below map shows the location of 3 BRIDGE 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 3 BRIDGE 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 3 BRIDGE CLOSE?

3 BRIDGE CLOSE is located in HEACHAM, in the PE31 postcode district. The below map shows the position of No. 3 on BRIDGE CLOSE.