55, MARRAM WAY, HEACHAM, KING'S LYNN, PE31 7AH - £183,500

55 MARRAM WAY is a very small detached house of 67m², built sometime between 1967 and 1975. It was last sold for £183,500 in December 2012, which was around 12% below the average December 2012 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was B.

55 MARRAM WAY Sold Prices

Land registry data shows three sales for 55 MARRAM WAY since 1^st January 1995. The below table shows the price paid for the three 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 three 55 MARRAM WAY 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
2012 12 DEC	£183,500	£208,789	12% below HPI
2004 29 APR	£156,500	£168,073	7% below HPI
2000 19 JUL	£73,500	£94,190	22% below HPI

55 MARRAM WAY 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 three 55 MARRAM WAY sales between July 2000 and December 2012 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 April 2004 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the December 2012 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 55 MARRAM WAY?

55 MARRAM WAY is 67m² according to the EPC inspection conducted in June 2023. This puts it in the smallest 20% of detached houses in Heacham, based on EPC data. The below chart shows the distribution of detached houses by size in Heacham, and where 55 MARRAM WAY lies on this distribution: 16% of detached houses are smaller than 55 MARRAM WAY, and 82% of houses are larger. Note that EPC data is not available for all properties in Heacham.

55 MARRAM WAY: Plot and Title Map

55 MARRAM WAY sits on a plot of roughly 0.128 of an acre, or 518m². The below map shows the location of 55 MARRAM WAY, 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 55 MARRAM WAY). 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 55 MARRAM WAY?

55 MARRAM WAY is located in HEACHAM, in the PE31 postcode district. The below map shows the position of No. 55 on MARRAM WAY.