7, VELTSHAW CLOSE, HEACHAM, KING'S LYNN, PE31 7JH - £159,950

7 VELTSHAW CLOSE is a very small detached house of 60m², built sometime between 1996 and 2002. It was last sold for £159,950 in November 2004, which was around 13% below the average November 2004 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was B.

7 VELTSHAW CLOSE Sold Prices

Land registry data shows two sales for 7 VELTSHAW 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. Both of the two 7 VELTSHAW 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
2004 26 NOV	£159,950	£184,178	13% below HPI
1998 4 NOV	£59,950	£73,288	18% below HPI

7 VELTSHAW 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 7 VELTSHAW CLOSE sales from November 1998 and November 2004 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 November 1998 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the November 2004 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 7 VELTSHAW CLOSE?

7 VELTSHAW CLOSE is 60m² according to the EPC inspection conducted in August 2013. 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 7 VELTSHAW CLOSE lies on this distribution: 8% of detached houses are smaller than 7 VELTSHAW CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Heacham.

7 VELTSHAW CLOSE: Plot and Title Map

7 VELTSHAW CLOSE sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of 7 VELTSHAW 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 7 VELTSHAW 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 7 VELTSHAW CLOSE?

7 VELTSHAW CLOSE is located in HEACHAM, in the PE31 postcode district. The below map shows the position of No. 7 on VELTSHAW CLOSE.