38, JENNINGS CLOSE, HEACHAM, KING'S LYNN, PE31 7SU - £172,500

38 JENNINGS CLOSE is a very small detached house of 60m², built sometime between 1991 and 1995. It was last sold for £172,500 in March 2016, which was around 32% below the average March 2016 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was C.

38 JENNINGS CLOSE Sold Prices

Land registry data shows four sales for 38 JENNINGS 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. All of the four 38 JENNINGS 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
2016 31 MAR	£172,500	£255,469	32% below HPI
2013 1 FEB	£159,500	£201,060	21% below HPI
2007 3 DEC	£169,000	£223,322	24% below HPI
2007 19 JAN	£148,000	£204,460	28% below HPI

38 JENNINGS 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 38 JENNINGS CLOSE sales between January 2007 and March 2016 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 February 2013 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the March 2016 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 38 JENNINGS CLOSE?

38 JENNINGS CLOSE is 60m² according to the EPC inspection conducted in March 2011. 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 38 JENNINGS CLOSE lies on this distribution: 9% of detached houses are smaller than 38 JENNINGS CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Heacham.

38 JENNINGS CLOSE: Plot and Title Map

38 JENNINGS CLOSE sits on a plot of roughly 0.078 of an acre, or 314m². The below map shows the location of 38 JENNINGS 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 38 JENNINGS 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 38 JENNINGS CLOSE?

38 JENNINGS CLOSE is located in HEACHAM, in the PE31 postcode district. The below map shows the position of No. 38 on JENNINGS CLOSE.