15, GIDNEY DRIVE, HEACHAM, KING'S LYNN, PE31 7SX - £275,000

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

15 GIDNEY DRIVE is a small extended detached house of 70m², built sometime between 1983 and 1990. It was last sold for £275,000 in October 2020, which was around 12% below the average October 2020 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.

15 GIDNEY DRIVE Sold Prices

Land registry data shows two sales for 15 GIDNEY DRIVE 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 15 GIDNEY DRIVE 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
2020 23 OCT	£275,000	£311,406	12% below HPI
2011 14 MAR	£152,500	£204,782	26% below HPI

15 GIDNEY DRIVE 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 15 GIDNEY DRIVE sales from March 2011 and October 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 March 2011 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the October 2020 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 15 GIDNEY DRIVE?

15 GIDNEY DRIVE is 70m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the smallest 30% of detached houses in Heacham, based on EPC data. The below chart shows the distribution of detached houses by size in Heacham, and where 15 GIDNEY DRIVE lies on this distribution: 22% of detached houses are smaller than 15 GIDNEY DRIVE, and 77% of houses are larger. Note that EPC data is not available for all properties in Heacham.

15 GIDNEY DRIVE: Plot and Title Map

15 GIDNEY DRIVE sits on a plot of roughly 0.155 of an acre, or 629m². The below map shows the location of 15 GIDNEY DRIVE, 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 15 GIDNEY DRIVE). 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 15 GIDNEY DRIVE?

15 GIDNEY DRIVE is located in HEACHAM, in the PE31 postcode district. The below map shows the position of No. 15 on GIDNEY DRIVE.