1, BRIDGE CLOSE, HEACHAM, KING'S LYNN, PE31 7SQ - £350,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 BRIDGE CLOSE is a large extended detached house of 110m², built sometime between 1976 and 1982. It was last sold for £350,000 in February 2020, which was around 21% above the average February 2020 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was B.

1 BRIDGE CLOSE Sold Prices

Land registry data shows three sales for 1 BRIDGE CLOSE 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 1 BRIDGE CLOSE 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
2020 27 FEB	£350,000	£290,310	21% above HPI
2012 2 OCT	£242,000	£201,631	20% above HPI
2007 5 NOV	£248,500	£218,468	14% above HPI

1 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 three 1 BRIDGE CLOSE sales between November 2007 and February 2020 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 October 2012 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the February 2020 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is 1 BRIDGE CLOSE?

1 BRIDGE CLOSE is 110m², which includes one extension, according to the EPC inspection conducted in April 2012. This puts it in the largest 40% of detached houses in Heacham, based on EPC data. The below chart shows the distribution of detached houses by size in Heacham, and where 1 BRIDGE CLOSE lies on this distribution: 69% of detached houses are smaller than 1 BRIDGE CLOSE, and 30% of houses are larger. Note that EPC data is not available for all properties in Heacham.

1 BRIDGE CLOSE: Plot and Title Map

1 BRIDGE CLOSE sits on a plot of roughly 0.178 of an acre, or 721m². The below map shows the location of 1 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 1 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 1 BRIDGE CLOSE?

1 BRIDGE CLOSE is located in HEACHAM, in the PE31 postcode district. The below map shows the position of No. 1 on BRIDGE CLOSE.