3, MAREA MEADOWS, HEACHAM, KING'S LYNN, PE31 7SR - £250,000

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

3 MAREA MEADOWS is a very large extended detached house of 143m², built sometime between 1991 and 1995. It was last sold for £250,000 in December 2014, which was around 10% above the average December 2014 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was October 2013, where the current energy rating was B, and the potential energy rating was B.

3 MAREA MEADOWS Sold Prices

Land registry data shows three sales for 3 MAREA MEADOWS 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 3 MAREA MEADOWS sales were for above 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
2014 2 DEC	£250,000	£227,818	10% above HPI
2007 1 MAR	£305,000	£205,668	48% above HPI
1997 15 SEP	£115,000	£66,683	72% above HPI

3 MAREA MEADOWS 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 3 MAREA MEADOWS sales between September 1997 and December 2014 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 2007 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the December 2014 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 3 MAREA MEADOWS?

3 MAREA MEADOWS is 143m², which includes one extension, according to the EPC inspection conducted in October 2013. This puts it in the largest 20% of detached houses in Heacham, based on EPC data. The below chart shows the distribution of detached houses by size in Heacham, and where 3 MAREA MEADOWS lies on this distribution: 83% of detached houses are smaller than 3 MAREA MEADOWS, and 16% of houses are larger. Note that EPC data is not available for all properties in Heacham.

3 MAREA MEADOWS: Plot and Title Map

3 MAREA MEADOWS sits on a plot of roughly 0.146 of an acre, or 592m². The below map shows the location of 3 MAREA MEADOWS, 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 3 MAREA MEADOWS). 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 3 MAREA MEADOWS?

3 MAREA MEADOWS is located in HEACHAM, in the PE31 postcode district. The below map shows the position of No. 3 on MAREA MEADOWS.