38, GIDNEY DRIVE, HEACHAM, KING'S LYNN, PE31 7SX - £180,000

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 GIDNEY DRIVE is a small detached house of 76m², built sometime between 1983 and 1990. It was last sold for £180,000 in October 2013, which was around 15% below the average October 2013 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was B.

38 GIDNEY DRIVE Sold Prices

Land registry data shows two sales for 38 GIDNEY DRIVE 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. One of the two 38 GIDNEY DRIVE sales was for below the average price, whilst the other was 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
2013 14 OCT	£180,000	£212,766	15% below HPI
1997 20 AUG	£88,190	£65,753	34% above HPI

38 GIDNEY 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 two 38 GIDNEY DRIVE sales from August 1997 and October 2013 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 1997 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the October 2013 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 38 GIDNEY DRIVE?

38 GIDNEY DRIVE is 76m² according to the EPC inspection conducted in July 2013. This puts it in the smallest 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 38 GIDNEY DRIVE lies on this distribution: 31% of detached houses are smaller than 38 GIDNEY DRIVE, and 68% of houses are larger. Note that EPC data is not available for all properties in Heacham.

38 GIDNEY DRIVE: Plot and Title Map

38 GIDNEY DRIVE sits on a plot of roughly 0.107 of an acre, or 433m². The below map shows the location of 38 GIDNEY 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 GIDNEY 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 GIDNEY DRIVE?

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