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

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.

38 COLLEGE DRIVE is a midsized extended detached house of 96m², built sometime between 1967 and 1975, which could now be worth an estimated £287,070. It was last sold for £160,000 in July 2009, which was around 22% 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	£204,393	22% below HPI
2005 16 SEP	£139,000	£201,349	31% below HPI
2000 6 NOV	£74,950	£103,104	27% below HPI
1995 12 MAY	£50,000	£62,690	20% 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 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the July 2009 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 38 COLLEGE DRIVE be worth now?

38 COLLEGE DRIVE might now be worth an estimated £287,070.

This is based on house price inflation of 79.4%, between July 2009 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 79.4% inflationary increase is applied to the most recent sale price for 38 COLLEGE DRIVE of £160,000 on 17th July 2009. For the value to have increased from £160,000 to £287,070 over the sixteen years and five months to February 2025, the following assumptions must hold true:

• The value of 38 COLLEGE DRIVE has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The July 2009 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 38 COLLEGE DRIVE has not materially changed since July 2009.

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 houses in Heacham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Heacham, and where 38 COLLEGE DRIVE lies on this distribution: 57% of detached houses houses are smaller than 38 COLLEGE DRIVE, and 42% 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.