38, GYMKHANA WAY, HEACHAM, KING'S LYNN, PE31 7ST - £167,000

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 GYMKHANA WAY is a very small detached house of 58m², built sometime between 1976 and 1982. It was last sold for £167,000 in December 2006, which was around 20% below the average December 2006 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

38 GYMKHANA WAY Sold Prices

Land registry data shows two sales for 38 GYMKHANA WAY 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 38 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
2006 15 DEC	£167,000	£209,103	20% below HPI
2000 17 MAR	£79,000	£83,785	6% below HPI

38 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 two 38 GYMKHANA WAY sales from March 2000 and December 2006 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 March 2000 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the December 2006 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 38 GYMKHANA WAY?

38 GYMKHANA WAY is 58m² according to the EPC inspection conducted in October 2014. 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 38 GYMKHANA WAY lies on this distribution: 7% of detached houses are smaller than 38 GYMKHANA WAY, and 93% of houses are larger. Note that EPC data is not available for all properties in Heacham.

38 GYMKHANA WAY: Plot and Title Map

38 GYMKHANA WAY sits on a plot of roughly 0.095 of an acre, or 385m². The below map shows the location of 38 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 38 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 38 GYMKHANA WAY?

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