31, COLLINGWOOD CLOSE, HEACHAM, KING'S LYNN, PE31 7LD - £350,000

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.

31 COLLINGWOOD CLOSE is a very large detached house of 155m², built sometime between 1900 and 1929, which could now be worth an estimated £421,718. It was last sold for £350,000 in August 2019, which was around 15% above the average August 2019 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was August 2014, where the current energy rating was E, and the potential energy rating was B.

31 COLLINGWOOD CLOSE Sold Prices

Land registry data shows four sales for 31 COLLINGWOOD CLOSE 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. Most of the four 31 COLLINGWOOD 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
2019 8 AUG	£350,000	£304,355	15% above HPI
2014 6 MAR	£269,950	£217,463	24% above HPI
2007 22 AUG	£265,000	£226,847	17% above HPI
1999 8 OCT	£78,000	£87,754	11% below HPI

31 COLLINGWOOD 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 four 31 COLLINGWOOD CLOSE sales between October 1999 and August 2019 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 2014 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the August 2019 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 31 COLLINGWOOD CLOSE be worth now?

31 COLLINGWOOD CLOSE might now be worth an estimated £421,718.

This is based on house price inflation of 20.5%, between August 2019 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 20.5% inflationary increase is applied to the most recent sale price for 31 COLLINGWOOD CLOSE of £350,000 on 8th August 2019. For the value to have increased from £350,000 to £421,718 over the six years and six months to February 2025, the following assumptions must hold true:

• The value of 31 COLLINGWOOD CLOSE has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The August 2019 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 31 COLLINGWOOD CLOSE has not materially changed since August 2019.

How Large is 31 COLLINGWOOD CLOSE?

31 COLLINGWOOD CLOSE is 155m² according to the EPC inspection conducted in August 2014. 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 31 COLLINGWOOD CLOSE lies on this distribution: 88% of detached houses houses are smaller than 31 COLLINGWOOD CLOSE, and 12% of houses are larger. Note that EPC data is not available for all properties in Heacham.

31 COLLINGWOOD CLOSE: Plot and Title Map

31 COLLINGWOOD CLOSE sits on a plot of roughly 0.164 of an acre, or 665m². The below map shows the location of 31 COLLINGWOOD 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 31 COLLINGWOOD 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 31 COLLINGWOOD CLOSE?

31 COLLINGWOOD CLOSE is located in HEACHAM, in the PE31 postcode district. The below map shows the position of No. 31 on COLLINGWOOD CLOSE.