38, COLLEGE DRIVE, HEACHAM, KING'S LYNN, PE31 7BY - £160,000

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

38 COLLEGE DRIVE is a midsized extended detached house of 96m², built sometime between 1967 and 1975. It was last sold for £160,000 in July 2009, which was around 20% below the average July 2009 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

38 COLLEGE DRIVE Sold Prices

Land registry data shows four sales for 38 COLLEGE DRIVE 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. All of the four 38 COLLEGE DRIVE 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
2009 17 JUL	£160,000	£198,897	20% below HPI
2005 16 SEP	£139,000	£195,935	29% below HPI
2000 6 NOV	£74,950	£100,332	25% below HPI
1995 12 MAY	£50,000	£61,005	18% below HPI

38 COLLEGE DRIVE 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 38 COLLEGE DRIVE sales between May 1995 and July 2009 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 September 2005 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the July 2009 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 38 COLLEGE DRIVE?

38 COLLEGE DRIVE is 96m², which includes two extensions, according to the EPC inspection conducted in February 2016. 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 38 COLLEGE DRIVE lies on this distribution: 58% of detached houses are smaller than 38 COLLEGE DRIVE, and 40% of houses are larger. Note that EPC data is not available for all properties in Heacham.

38 COLLEGE DRIVE: Plot and Title Map

38 COLLEGE DRIVE sits on a plot of roughly 0.056 of an acre, or 225m². The below map shows the location of 38 COLLEGE DRIVE, 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 38 COLLEGE DRIVE). 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 38 COLLEGE DRIVE?

38 COLLEGE DRIVE is located in HEACHAM, in the PE31 postcode district. The below map shows the position of No. 38 on COLLEGE DRIVE.