31, SCHOOL ROAD, HEACHAM, KING'S LYNN, PE31 7DQ - £350,000

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

31 SCHOOL ROAD is a large extended detached house of 104m², built sometime between 1967 and 1975. It was last sold for £350,000 in June 2024, which was around 2% below the average June 2024 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was B.

31 SCHOOL ROAD Sold Prices

Land registry data shows two sales for 31 SCHOOL ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the King's Lynn and West Norfolk local authority area for the corresponding sale date. Both of the two 31 SCHOOL ROAD 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
2024 7 JUN	£350,000	£355,398	2% below HPI
2013 23 JAN	£165,000	£204,486	19% below HPI

31 SCHOOL ROAD 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 two 31 SCHOOL ROAD sales from January 2013 and June 2024 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 January 2013 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the June 2024 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 31 SCHOOL ROAD?

31 SCHOOL ROAD is 104m², which includes two extensions, according to the EPC inspection conducted in October 2022. 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 31 SCHOOL ROAD lies on this distribution: 64% of detached houses are smaller than 31 SCHOOL ROAD, and 36% of houses are larger. Note that EPC data is not available for all properties in Heacham.

31 SCHOOL ROAD: Plot and Title Map

31 SCHOOL ROAD sits on a plot of roughly 0.172 of an acre, or 697m². The below map shows the location of 31 SCHOOL ROAD, 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 SCHOOL ROAD). 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 SCHOOL ROAD?

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