2, JUBILEE AVENUE, HEACHAM, KING'S LYNN, PE31 7AT - £277,500

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.

2 JUBILEE AVENUE is a midsized extended detached house of 99m², built sometime between 1950 and 1966, which could now be worth an estimated £318,177. It was last sold for £277,500 in January 2021, which was around 13% below the average January 2021 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was September 2018, where the current energy rating was F, and the potential energy rating was D.

2 JUBILEE AVENUE Sold Prices

Land registry data shows four sales for 2 JUBILEE AVENUE since 1^st January 1995. The below table shows the price paid for the four 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 four 2 JUBILEE AVENUE 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 12 JAN	£277,500	£319,837	13% below HPI
2007 11 APR	£170,000	£213,220	20% below HPI
2005 22 APR	£160,000	£188,248	15% below HPI
1999 9 DEC	£52,500	£87,366	40% below HPI

2 JUBILEE AVENUE 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 four 2 JUBILEE AVENUE sales between December 1999 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 April 2007 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the January 2021 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 2 JUBILEE AVENUE be worth now?

2 JUBILEE AVENUE might now be worth an estimated £318,177.

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 2 JUBILEE AVENUE of £277,500 on 12th January 2021. For the value to have increased from £277,500 to £318,177 over the three years and eleven months to February 2025, the following assumptions must hold true:

• The value of 2 JUBILEE AVENUE 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 £277,500 represented a fair market value for the property.
• The size, condition, and specification of 2 JUBILEE AVENUE has not materially changed since January 2021.

How Large is 2 JUBILEE AVENUE?

2 JUBILEE AVENUE is 99m², which includes one extension, according to the EPC inspection conducted in September 2018. This puts it in the largest 40% 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 2 JUBILEE AVENUE lies on this distribution: 59% of detached houses houses are smaller than 2 JUBILEE AVENUE, and 40% of houses are larger. Note that EPC data is not available for all properties in Heacham.

2 JUBILEE AVENUE: Plot and Title Map

2 JUBILEE AVENUE sits on a plot of roughly 0.178 of an acre, or 719m². The below map shows the location of 2 JUBILEE AVENUE, 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 JUBILEE AVENUE). 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 JUBILEE AVENUE?

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