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

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.

3 MAREA MEADOWS is a very large extended detached house of 143m², built sometime between 1991 and 1995, which could now be worth an estimated £391,606. It was last sold for £250,000 in December 2014, which was around 7% 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	£234,113	7% above HPI
2007 1 MAR	£305,000	£211,351	44% above HPI
1997 15 SEP	£115,000	£68,525	68% 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 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the December 2014 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 3 MAREA MEADOWS be worth now?

3 MAREA MEADOWS might now be worth an estimated £391,606.

This is based on house price inflation of 56.6%, between December 2014 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 56.6% inflationary increase is applied to the most recent sale price for 3 MAREA MEADOWS of £250,000 on 2nd December 2014. For the value to have increased from £250,000 to £391,606 over the eleven years and ten months to February 2025, the following assumptions must hold true:

• The value of 3 MAREA MEADOWS has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The December 2014 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 3 MAREA MEADOWS has not materially changed since December 2014.

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 houses in Heacham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Heacham, and where 3 MAREA MEADOWS lies on this distribution: 83% of detached houses 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.