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

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

2 JUBILEE AVENUE is a large extended detached house of 99m², built sometime between 1950 and 1966. It was last sold for £277,500 in January 2021, which was around 11% 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	£311,237	11% below HPI
2007 11 APR	£170,000	£207,487	18% below HPI
2005 22 APR	£160,000	£183,187	13% below HPI
1999 9 DEC	£52,500	£85,017	38% 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 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the January 2021 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

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 in Heacham, based on EPC data. The below chart shows the distribution of detached houses by size in Heacham, and where 2 JUBILEE AVENUE lies on this distribution: 61% of detached houses are smaller than 2 JUBILEE AVENUE, and 39% 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.