13, BROADWAY, HEACHAM, KING'S LYNN, PE31 7JJ - £400,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

13 BROADWAY is a large extended detached house of 117m², built sometime between 1950 and 1966, which could now be worth an estimated £458,634. It was last sold for £400,000 in January 2021, which was around 25% above the average January 2021 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was November 2018, where the current energy rating was C, and the potential energy rating was A.

13 BROADWAY Sold Prices

Land registry data shows two sales for 13 BROADWAY 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. One of the two 13 BROADWAY sales was for above the average price, whilst the other was 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 12 JAN	£400,000	£319,837	25% above HPI
2016 21 JUN	£165,000	£257,416	36% below HPI

13 BROADWAY 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 13 BROADWAY sales from June 2016 and January 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 June 2016 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the January 2021 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 13 BROADWAY be worth now?

13 BROADWAY might now be worth an estimated £458,634.

This is based on house price inflation of 14.7%, between January 2021 and February 2025, for detached houses, in the King's Lynn and West Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 14.7% inflationary increase is applied to the most recent sale price for 13 BROADWAY of £400,000 on 12th January 2021. For the value to have increased from £400,000 to £458,634 over the three years and eleven months to February 2025, the following assumptions must hold true:

• The value of 13 BROADWAY has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The January 2021 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 13 BROADWAY has not materially changed since January 2021.

How Large is 13 BROADWAY?

13 BROADWAY is 117m², which includes one extension, according to the EPC inspection conducted in November 2018. This puts it in the largest 30% of detached houses houses in Heacham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Heacham, and where 13 BROADWAY lies on this distribution: 72% of detached houses houses are smaller than 13 BROADWAY, and 28% of houses are larger. Note that EPC data is not available for all properties in Heacham.

13 BROADWAY: Plot and Title Map

13 BROADWAY sits on a plot of roughly 0.130 of an acre, or 525m². The below map shows the location of 13 BROADWAY, 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 13 BROADWAY). 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 13 BROADWAY?

13 BROADWAY is located in HEACHAM, in the PE31 postcode district. The below map shows the position of No. 13 on BROADWAY.