10, SITKA CLOSE, HEACHAM, KING'S LYNN, PE31 7AQ - £240,000

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

10 SITKA CLOSE is a small detached house of 80m², built sometime between 1976 and 1982. It was last sold for £240,000 in February 2021, which was around 23% below the average February 2021 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was September 2019, where the current energy rating was E, and the potential energy rating was B.

10 SITKA CLOSE Sold Prices

Land registry data shows three sales for 10 SITKA 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 10 SITKA 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
2021 26 FEB	£240,000	£313,276	23% below HPI
2007 17 JUL	£212,000	£216,236	2% below HPI
2000 7 JUN	£79,000	£92,384	14% below HPI

10 SITKA 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 10 SITKA CLOSE sales between June 2000 and February 2021 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 July 2007 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the February 2021 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 10 SITKA CLOSE?

10 SITKA CLOSE is 80m² according to the EPC inspection conducted in September 2019. 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 10 SITKA CLOSE lies on this distribution: 35% of detached houses are smaller than 10 SITKA CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Heacham.

10 SITKA CLOSE: Plot and Title Map

10 SITKA CLOSE sits on a plot of roughly 0.104 of an acre, or 419m². The below map shows the location of 10 SITKA 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 10 SITKA 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 10 SITKA CLOSE?

10 SITKA CLOSE is located in HEACHAM, in the PE31 postcode district. The below map shows the position of No. 10 on SITKA CLOSE.