15, NOURSE DRIVE, HEACHAM, KING'S LYNN, PE31 7SD - £230,000

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 NOURSE DRIVE is a very small detached house of 54m², built sometime between 1976 and 1982. It was last sold for £230,000 in July 2018, which was around 20% below the average July 2018 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was June 2010, where the current energy rating was C, and the potential energy rating was C.

15 NOURSE DRIVE Sold Prices

Land registry data shows five sales for 15 NOURSE DRIVE since 1^st January 1995. The below table shows the price paid for the five 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 five 15 NOURSE 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
2018 27 JUL	£230,000	£286,069	20% below HPI
2016 24 NOV	£188,500	£265,933	29% below HPI
2013 30 SEP	£139,000	£211,028	34% below HPI
2007 16 OCT	£148,000	£220,309	33% below HPI
1998 6 NOV	£50,000	£73,288	32% below HPI

15 NOURSE 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 five 15 NOURSE DRIVE sales between November 1998 and July 2018 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 November 2016 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the July 2018 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 15 NOURSE DRIVE?

15 NOURSE DRIVE is 54m² according to the EPC inspection conducted in June 2010. This puts it in the smallest 10% 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 NOURSE DRIVE lies on this distribution: 3% of detached houses are smaller than 15 NOURSE DRIVE, and 97% of houses are larger. Note that EPC data is not available for all properties in Heacham.

15 NOURSE DRIVE: Plot and Title Map

15 NOURSE DRIVE sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of 15 NOURSE 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 NOURSE 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 NOURSE DRIVE?

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