38, JENNINGS CLOSE, HEACHAM, KING'S LYNN, PE31 7SU - £172,500

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 JENNINGS CLOSE is a very small detached house of 60m², built sometime between 1991 and 1995, which could now be worth an estimated £240,962. It was last sold for £172,500 in March 2016, which was around 34% below the average March 2016 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was C.

38 JENNINGS CLOSE Sold Prices

Land registry data shows four sales for 38 JENNINGS CLOSE 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 JENNINGS CLOSE 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
2016 31 MAR	£172,500	£262,528	34% below HPI
2013 1 FEB	£159,500	£206,615	23% below HPI
2007 3 DEC	£169,000	£229,493	26% below HPI
2007 19 JAN	£148,000	£210,109	30% below HPI

38 JENNINGS CLOSE 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 JENNINGS CLOSE sales between January 2007 and March 2016 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 February 2013 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the March 2016 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 38 JENNINGS CLOSE be worth now?

38 JENNINGS CLOSE might now be worth an estimated £240,962.

This is based on house price inflation of 39.7%, between March 2016 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 39.7% inflationary increase is applied to the most recent sale price for 38 JENNINGS CLOSE of £172,500 on 31st March 2016. For the value to have increased from £172,500 to £240,962 over the nine years and one month to February 2025, the following assumptions must hold true:

• The value of 38 JENNINGS CLOSE has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The March 2016 sale price of £172,500 represented a fair market value for the property.
• The size, condition, and specification of 38 JENNINGS CLOSE has not materially changed since March 2016.

How Large is 38 JENNINGS CLOSE?

38 JENNINGS CLOSE is 60m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 10% 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 JENNINGS CLOSE lies on this distribution: 9% of detached houses houses are smaller than 38 JENNINGS CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Heacham.

38 JENNINGS CLOSE: Plot and Title Map

38 JENNINGS CLOSE sits on a plot of roughly 0.078 of an acre, or 314m². The below map shows the location of 38 JENNINGS CLOSE, 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 JENNINGS CLOSE). 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 JENNINGS CLOSE?

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