3, SPRUCE CLOSE, HEACHAM, KING'S LYNN, PE31 7AL - £399,995

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 SPRUCE CLOSE is a midsized detached house of 90m², built sometime between 1976 and 1982. It was last sold for £399,995 in December 2021, which was around 19% above the average December 2021 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.

3 SPRUCE CLOSE Sold Prices

Land registry data shows five sales for 3 SPRUCE CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the King's Lynn and West Norfolk local authority area for the corresponding sale date. Most of the five 3 SPRUCE CLOSE 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
2021 17 DEC	£399,995	£336,769	19% above HPI
2012 20 DEC	£268,000	£208,789	28% above HPI
2010 31 AUG	£172,000	£206,874	17% below HPI
2009 11 JUN	£230,000	£192,155	20% above HPI
1997 9 MAY	£64,000	£66,888	4% below HPI

3 SPRUCE CLOSE 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 five 3 SPRUCE CLOSE sales between May 1997 and December 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 December 2012 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the December 2021 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

How Large is 3 SPRUCE CLOSE?

3 SPRUCE CLOSE is 90m² according to the EPC inspection conducted in September 2020. This puts it in the largest 50% 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 SPRUCE CLOSE lies on this distribution: 50% of detached houses are smaller than 3 SPRUCE CLOSE, and 50% of houses are larger. Note that EPC data is not available for all properties in Heacham.

3 SPRUCE CLOSE: Plot and Title Map

3 SPRUCE CLOSE sits on a plot of roughly 0.178 of an acre, or 720m². The below map shows the location of 3 SPRUCE CLOSE, 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 SPRUCE CLOSE). 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 SPRUCE CLOSE?

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