1, TORREY CLOSE, HEACHAM, KING'S LYNN, PE31 7SH - £178,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 TORREY CLOSE is a small extended detached house of 82m², built sometime between 1976 and 1982. It was last sold for £178,000 in September 2015, which was around 28% below the average September 2015 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

1 TORREY CLOSE Sold Prices

Land registry data shows three sales for 1 TORREY 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 TORREY 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
2015 3 SEP	£178,000	£245,944	28% below HPI
2007 3 SEP	£165,000	£217,007	24% below HPI
1998 8 APR	£55,500	£69,146	20% below HPI

1 TORREY 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 TORREY CLOSE sales between April 1998 and September 2015 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 September 2007 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the September 2015 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 1 TORREY CLOSE?

1 TORREY CLOSE is 82m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the smallest 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 TORREY CLOSE lies on this distribution: 39% of detached houses are smaller than 1 TORREY CLOSE, and 60% of houses are larger. Note that EPC data is not available for all properties in Heacham.

1 TORREY CLOSE: Plot and Title Map

1 TORREY CLOSE sits on a plot of roughly 0.074 of an acre, or 300m². The below map shows the location of 1 TORREY 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 TORREY 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 TORREY CLOSE?

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