35, GYMKHANA WAY, HEACHAM, KING'S LYNN, PE31 7ST - £225,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

35 GYMKHANA WAY is a very small detached house of 59m², built sometime between 1983 and 1990. It was last sold for £225,000 in January 2020, which was around 23% below the average January 2020 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was B.

35 GYMKHANA WAY Sold Prices

Land registry data shows three sales for 35 GYMKHANA WAY 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 35 GYMKHANA WAY 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
2020 7 JAN	£225,000	£292,223	23% below HPI
2019 30 AUG	£235,000	£296,171	21% below HPI
2005 23 MAR	£165,000	£181,580	9% below HPI

35 GYMKHANA WAY 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 35 GYMKHANA WAY sales between March 2005 and January 2020 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 August 2019 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the January 2020 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 35 GYMKHANA WAY?

35 GYMKHANA WAY is 59m² according to the EPC inspection conducted in June 2019. This puts it in the smallest 10% of detached houses in Heacham, based on EPC data. The below chart shows the distribution of detached houses by size in Heacham, and where 35 GYMKHANA WAY lies on this distribution: 7% of detached houses are smaller than 35 GYMKHANA WAY, and 92% of houses are larger. Note that EPC data is not available for all properties in Heacham.

35 GYMKHANA WAY: Plot and Title Map

35 GYMKHANA WAY sits on a plot of roughly 0.099 of an acre, or 399m². The below map shows the location of 35 GYMKHANA WAY, 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 35 GYMKHANA WAY). 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 35 GYMKHANA WAY?

35 GYMKHANA WAY is located in HEACHAM, in the PE31 postcode district. The below map shows the position of No. 35 on GYMKHANA WAY.