4, COLLINGWOOD CLOSE, HEACHAM, KING'S LYNN, PE31 7LD - £325,000

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.

4 COLLINGWOOD CLOSE is a midsized extended detached house of 98m², built sometime between 1950 and 1966, which could now be worth an estimated £336,356. It was last sold for £325,000 in February 2022, which was around 8% below the average February 2022 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was C.

4 COLLINGWOOD CLOSE Sold Prices

Land registry data shows two sales for 4 COLLINGWOOD CLOSE 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 4 COLLINGWOOD CLOSE 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
2022 23 FEB	£325,000	£354,339	8% below HPI
2002 22 FEB	£134,000	£125,343	7% above HPI

4 COLLINGWOOD 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 two 4 COLLINGWOOD CLOSE sales from February 2002 and February 2022 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 2002 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the February 2022 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 4 COLLINGWOOD CLOSE be worth now?

4 COLLINGWOOD CLOSE might now be worth an estimated £336,356.

This is based on house price inflation of 3.5%, between February 2022 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 3.5% inflationary increase is applied to the most recent sale price for 4 COLLINGWOOD CLOSE of £325,000 on 23rd February 2022. For the value to have increased from £325,000 to £336,356 over the three years to February 2025, the following assumptions must hold true:

• The value of 4 COLLINGWOOD CLOSE has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The February 2022 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 4 COLLINGWOOD CLOSE has not materially changed since February 2022.

How Large is 4 COLLINGWOOD CLOSE?

4 COLLINGWOOD CLOSE is 98m², which includes two extensions, according to the EPC inspection conducted in July 2021. 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 4 COLLINGWOOD CLOSE lies on this distribution: 59% of detached houses houses are smaller than 4 COLLINGWOOD CLOSE, and 41% of houses are larger. Note that EPC data is not available for all properties in Heacham.

4 COLLINGWOOD CLOSE: Plot and Title Map

4 COLLINGWOOD CLOSE sits on a plot of roughly 0.147 of an acre, or 595m². The below map shows the location of 4 COLLINGWOOD 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 4 COLLINGWOOD 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 4 COLLINGWOOD CLOSE?

4 COLLINGWOOD CLOSE is located in HEACHAM, in the PE31 postcode district. The below map shows the position of No. 4 on COLLINGWOOD CLOSE.