2, BALMORAL CRESCENT, HEACHAM, KING'S LYNN, PE31 7EL - £218,000

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

2 BALMORAL CRESCENT is a very small detached house of 56m², built sometime between 1976 and 1982. It was last sold for £218,000 in November 2017, which was around 25% below the average November 2017 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was B.

2 BALMORAL CRESCENT Sold Prices

Land registry data shows three sales for 2 BALMORAL CRESCENT 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 2 BALMORAL CRESCENT 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
2017 3 NOV	£218,000	£289,752	25% below HPI
2014 29 OCT	£174,000	£229,088	24% below HPI
2002 21 JUN	£95,000	£125,990	25% below HPI

2 BALMORAL CRESCENT 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 2 BALMORAL CRESCENT sales between June 2002 and November 2017 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 October 2014 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the November 2017 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 2 BALMORAL CRESCENT?

2 BALMORAL CRESCENT is 56m² according to the EPC inspection conducted in July 2013. 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 2 BALMORAL CRESCENT lies on this distribution: 5% of detached houses are smaller than 2 BALMORAL CRESCENT, and 95% of houses are larger. Note that EPC data is not available for all properties in Heacham.

2 BALMORAL CRESCENT: Plot and Title Map

2 BALMORAL CRESCENT sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of 2 BALMORAL CRESCENT, 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 2 BALMORAL CRESCENT). 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 2 BALMORAL CRESCENT?

2 BALMORAL CRESCENT is located in HEACHAM, in the PE31 postcode district. The below map shows the position of No. 2 on BALMORAL CRESCENT.