39, BROADWAY, HEACHAM, KING'S LYNN, PE31 7JJ - £171,000

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

39 BROADWAY is a midsized extended detached house of 83m², built sometime between 1983 and 1990. It was last sold for £171,000 in July 2019, which was around 42% below the average July 2019 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was B.

39 BROADWAY Sold Prices

Land registry data shows two sales for 39 BROADWAY 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 39 BROADWAY 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
2019 9 JUL	£171,000	£292,859	42% below HPI
2001 28 DEC	£100,000	£116,684	14% below HPI

39 BROADWAY 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 39 BROADWAY sales from December 2001 and July 2019 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 December 2001 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the July 2019 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 39 BROADWAY?

39 BROADWAY is 83m², which includes two extensions, according to the EPC inspection conducted in November 2021. This puts it in the smallest 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 39 BROADWAY lies on this distribution: 40% of detached houses are smaller than 39 BROADWAY, and 58% of houses are larger. Note that EPC data is not available for all properties in Heacham.

39 BROADWAY: Plot and Title Map

39 BROADWAY sits on a plot of roughly 0.152 of an acre, or 616m². The below map shows the location of 39 BROADWAY, 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 39 BROADWAY). 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 39 BROADWAY?

39 BROADWAY is located in HEACHAM, in the PE31 postcode district. The below map shows the position of No. 39 on BROADWAY.